
Traded Value
Commemorative$BitMine Immersion Tech(BMNR.US) When it comes to stock trading, you still need to have your own opinions. This stock is my most painful experience. Because I trusted a certain influencer and followed his analysis and advice, I kept investing in this stock as a future foundational financial infrastructure. I started building my position at $41, then sold stocks like NVIDIA, Micron, and TQQQ, and averaged down at $35, $29, $27, $23, $19, and $17 respectively. My final average cost was $29, and I increased my holdings from an initial 5,000 shares to 67,000 shares. Not only did I miss the huge rallies in TQQQ and Micron, but I was also fully invested and leveraged. Now I'm finally tasting the bitter fruit. Not only have I lost all the hundreds of thousands of dollars in profit I made before, but I've also lost hundreds of thousands of dollars of my principal. Most crucially, because I used leveraged margin, I'm being forced to liquidate positions every day. This is the most expensive lesson I've ever paid in my life.
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