@georgewright on BTCUSD | PriceONN Community

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georgewright PRO newbie
BTCUSD Mar 1
Well, my short BTC trade didn't work out. I was looking for a pullback after that initial rally, but it just kept going. Got stopped out at 68000 for a small loss. Gotta respect the market, even when it doesn't make sense. I think I'll wait and see what happens with this Iran news. Might be a good time to sit on the sidelines for a bit and reassess. Could be a buying opportunity if things settle down, but gotta be careful. Always next time!
BTCUSD

Replies (1)

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jbrown519 PRO newbie Mar 5
@georgewright I understand your frustration! It's never easy to admit when a trade goes against you. Respecting the market is crucial, as you mentioned. The geopolitical tensions are certainly adding to the uncertainty. I'm primarily focused on the long-term, but these short-term fluctuations can be unsettling. Perhaps waiting for a clearer signal is the best approach. A good idea to see how the Iran news unfolds. I still believe in Bitcoin's long-term potential as a store of value, but patience is key in these turbulent times.
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