BITCOIN BULL TRAP GET RICH QUICK – CRYPTO & COFFEE #0079

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(Edited)

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Its funny how we listen to traders or crypto users, whatever you want to call it, many ppl think that the only traders are on W Street, anyways I daily listen to this ..."the halving...why would this time be different" ppl are getting emotionally attach to the "fact" that every other halving has end up on a big pump and there are already ppl on twitter, youtube, doing predictions and getting ready for a 1000% pump, I think they are not being realistic and braking two basic trading rules

1- Dont be emotional attach to your trades
2- Past performance not indicative of future results

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Thats just basic trading rules, all this ppl bullish without any facts other than "the halving" it makes me think that I have to cover up at least with a short position so if it goes south I make money but if it goes up I can still make some money or break even, just looking for those small green days, small victories, so I open my short position yesterday April 26 at $7559 currently -19% down, so lets see how this ends, Im fine with loosing another 15% before closing my short or it would also depend on how alt coins perform against USDT and BTC

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3 comments
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I totally agree with you.. the halving is a marketing campaign for a huge pump and a huge dump, a trap.
In my opinion you have opened a short position too early.

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Thanks for the reply, yes seems to be a bit early, may have to fund it in case dont want to close it at a lost, let see how this week ends

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