Band (BAND)

Mayne Shares How He Lost Mid Six Figures On A Random Altcoin And Still Walked Away With The Lesson

“One of the ones I lost on, I lost mid 6 figures on it. It was called Band, B This coin, I'm long so much of this coin and I'm looking at the order book and it's stacked and there's flashing constantly because it's like there's hella orders going through. I'm like sick.”

“The moment the market started to roll over, evaporated and I'm looking and I'm like holy shit, I am the entire open interest for this coin and it just started rolling, it just started rolling over and I had no liquidation price and then all of a sudden my liquidation price appeared on the chart."

"So I'm long this motherfucking thing, I'm long it and it just starts dropping and it drops 45% in a matter of days and specifically on this day it dropped 25% and I'm holding this bitch and I'm looking at it and I'm like oh my God I'm cooked.”

"I closed the trade here and I knew the moment I closed this thing was gonna bounce 50% and that's exactl

I forgot to post closing $BAND for 18% profit a couple of days ago. I was keen to take the profit whilst it was there also with earnings coming up, the chart was still very constructive and gapped up 14% yesterday. No way to know but I would rate the quality of the sell decision a pass, at best. This was my second profitable trade in this name, good to keep an eye on for future potential entries after earnings.