How to lose half of your crypto portfolio in 10 days

I was day trading with a small part of my portfolio. It was going well and I was taking it easy. But then that happened: Day 1: Well the market is going down, I'll sell and day trade with all of the money. Day 2: Ok, I'll make up for those loses. Days 3-9: WTF 40% of my portfolio where are you? Day 10: Lost some more in a stupid pump and dump. Basically, the more I lost, the greater the mistakes became. Now for the mistakes: Hurrying too much to make up for loses. Being too arrogant to set stop limits (I know). Acting like a gambler and chasing shiny pumps. Having unreachable goals for a single trade. Trading while having a tea party with my toddler. And the biggest mistake: Not calling it a day after too many failed trades. Don'tbelikeme. Edit: Before that I was actually up 25-30% thanks to day trading, so it's not totally impossible. submitted by /u/Qtredit [link] [comments]