$SAGA The Saga of my losses 😆

I bought Saga on 11th April after it went down from 7.8$ to 6.12$.

I was waiting for it to go down from 7$ and eventually I thought 6.12$ was a good price.

Then $BTC dumped from 70K to 69K which brought SAGA down to around 5.58$. I did not sell. Bitcoin went back again reclaiming 70K so SAGA followed.

I was very bullish for SAGA to go cross my entry price 6.12 and reach near 7$. But what happened instead, SAGA only got up to 6.11$ and never returned.

Following day the sellers kept dumping moving the price by -20%. Then Bitcoin Holders started dumping and that's when I said $SAGA is doomed at least for one week. I Sold my bag at a loss. It is going to find a bottom floor and settle for a while. So there is no incentive for me to Hold it. I might re-enter the trade later.

Lesson Learned: Cut your losses early

Use Stop-Loss.#SAGACOINUPDATE #BullorBear