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Reminder: Running bots is risky, keep spare funds aside always (Patreon)

Published:
2021-02-03 20:46:24
Edited:
2021-10-08 00:14:55
Imported:
2021-10

Content

Running bots is risky, I repeat it every half an hour every time I have the opportunity and will continue doing so: in calls, articles, updates, chats, everywhere I can!

If the market did something extreme and fully unexpected, reacting to anything like...."Biden says we are going to ban BTC" or "Elon Musk says he hates BTC"....you should expect to hold a red bag for a week, a month or even more!!! 

When I say I understand that risk I mean it. 

But if that never happen, I'm also happy to take a BIG reward. Actually I'm almost certain that it WILL happen, 100%. It happens over and over. I don't neglect it, I'm prepared for it.

We are in a bull market, that doesn't guarantee we wont see red numbers if something really bad hits the crypto world.  

My conviction is that if something really bad happened like BTC drops 70% then I wouldn't sell. I believe in BTC. 

I would patiently let it be for a while and deploy possibly further funds to take advantage in the long term. That's exactly why I encourage you to leave funds aside, if someone doesn't pay attention to this it will be painful. 

Not because you are doing well for 2 months in a row with bots you are safe. In the last two months BTC has been doing OUTSTANDING. We barely had a humble -25% drop.

We will experience dips way larger than that. When? no one can tell with 100% accuracy.

Comments

Anonymous

very true !

Anonymous

#facts

Anonymous

It’s like a fast car, if you don’t know how to drive it you crash for sure... thanks for remembering it to us. I appreciate it because as a noob trader I have be cautious even if I see lots of opportunities 💰

Anonymous

Buy the dips

Anonymous

Thats why its imperative to have those extra funds available to take advantage of good buy ins

Anonymous

Thank you! Seeing it from that perspective BTC droping hard is more like an opportunity then a hard loss. I will keep funds aside now so I didn´t miss out anything. I think that it´s essential to believe in thinks before you invest in it. So I believe in BTC too because it was so often said that it´s dead and it won´t come back but it did everytime. And I am willing to take a loss for the big reward and keep on learning

Anonymous

I can relate to this advice. When I first found out about TTP, I watched the 4K video. I set up the bots.. OMG, I made $45 1st day, then $90. Was so excited I increased everything a lot! I made $400 in one day! I was gob smacked (I’d invested everything at that point and was chuffed I was a high risk investor - at that point). The next day, everything was tied up, not even enough funds to make safety orders... most deals at -20+%. Devistated. Watch red day video which helped massively but still rushed into bailing out when I should have waited. Joined TTP and although I don’t have a massive input, I learn from everyone on there and TTP always advises to keep funds aside; I now know why. Listen to TTP! I wish I had. It was a month ago and I still have some deals in red. His advice is paramount - I can’t stress it enough. Thank you TTP for all your help on Patreon. Appreciated - seriously.

Anonymous

Big time. I have a business that I plan to sell (due to COVID it will take a lot longer than anticipated) , and this is what I would love to do to make a passive income with a chunk of the funds from the sale. I really enjoy it. I watched your Pine Script video the other day and tweaked it for a couple of different pairs. Really interesting to see how you can affect the buy signals and even managed to get a bot on paper trade to receive the signals. I want to learn but realised I am quite impatient. Clever Crypto traders need patience. At least I’ve learnt that. Keep up the fantastic work you are doing. I will become a VIP member once I am more confident in what I am doing and hopefully add value to your channel.