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Dogecoin: Lost money due to greedy


JackSeal

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Bought $100 worth dogecoin at 0.054, sold after 1hr at 0.074 and got $50 profit... then believed rumors that it’s going to touch $1 and now bought $200 worth at 0.071 ... from then it started dropping 🙄

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1 minute ago, JackSeal said:

now bought $200 worth at 0.071 ... from then it started dropping

Patience is key. It's only 200 worth trade too.

You win some, you lose some.

Key is, when you lose, lose small, exit early using stop loss with your threshold for losses. When you gain, use stop losses again to lock in profits but manage the levels on stock price action.

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