I lay down for a nap this afternoon as I'm working tonight. Bitcoin has been plunging in price, but I couldn't sit around watching the price. I needed some sleep.
"It will be fine!", I told myself.
I had two long positions in BTC on 1broker.com. They were looking pretty sad and close to closing out, but I was being optimistic. I took out a new long position at the low it was at and thought, "Bitcoin will bounce back. I'll be back in the green in no time".
I woke up about an hour ago because I couldn't sleep and all three positions had closed out on me! LOL. So much for my thoughts on Bitcoins invincibility. All up I lost about $70, so lesson learned. Some of my other positions are looking good and I'm hopeful of recovering my losses on other trades.
It is a cruel and unforgiving world on the markets. :-)
When you SNOOZE you LOSE!
