How did my excessive trading activities end?
Today, I was simply shocked by what I saw: my bot stopped working overnight because the price of Bitcoin began to rise. Consequently, the price of DOGE also increased. The bot was programmed to a price of 0.13 USD, but by morning, the price had already reached 0.16 USD.
By the evening, the price of DOGE had risen to 0.19 USD, which means I sold my reserves of this coin too early.
This information upset me greatly, as I do not know when I will be able to buy my DOGE back.
I am adding to this article with a later post, as there is no point in creating a separate article. A few days later, the price of DOGE rose to 0.43 USD per unit. I was overcome by a strange feeling – depression clashed with greed. I realize that I sold my savings for too little. At the same time, I understand that the price may never drop below 0.13 USD per unit again, and therefore, I will not buy DOGE without incurring losses.
This experience has shown me that trading on cryptocurrency exchanges is not my strong point. I am pausing my excessive trading activities and will observe the situation in the cryptocurrency market.