🔥 I bought 10,000 DOT during the euphoria of its ATH
Polkadot was on everyone's lips. Analysts projected great things for its ecosystem, and the price kept rising. At its all-time high of $55, I decided to enter with 10,000 DOT, confident that it still had plenty of room to grow. In my mind, this was just the beginning of the next rally.
📉 The unexpected drop: From $55 to $25 in weeks
The market, as always, decided to remind me who is in charge. Instead of continuing to rise, the price of DOT began to fall rapidly. In just a few weeks, it reached $25, and with it, my confidence also plummeted. Without a clear plan and dominated by fear, I decided to sell everything, securing a significant loss.
📈 Regret: DOT returns to $40
Shortly after my sale, DOT began to recover. Slowly, but strongly, it reached $40. I watched from the sidelines, realizing that if I had kept my cool, I would not only have recovered my losses but could have capitalized on the rebound.
💡 What I learned from the journey with DOT
1. ✅ Don't buy at the peak of euphoria
I entered the market without analyzing the context, driven by the fear of missing out. I understood that waiting for correction moments can provide much better entries.
2. ✅ Plan before trading
I learned that every trade must have a clear objective: entry points, exit points, and stop-loss levels. Without a plan, the market will always dictate your emotions.
3. ✅ Patience pays off
The fall of DOT was a reminder that the market is cyclical. If I had had the patience to wait, I would have avoided losses and perhaps enjoyed the profits from the rebound.
4. ✅ Accept corrections as part of the game
I understood that downturns are not always the end, but a pause on a larger journey. Solid projects like Polkadot tend to recover if one has the necessary vision and calm.
🔍 Today, I am a more conscious trader
My experience with DOT was not a failure, but an invaluable lesson. I learned to respect the market, control my emotions, and plan my moves. Although I missed an opportunity, I am now better prepared to seize the next one.
🚀 Polkadot remains a project I admire. I'm ready to wait for the right moment, armed with patience, strategy, and a clear mindset. Trading is not just about winning, but about evolving with each step.
