Seeing many people making large orders and winning big makes me want to do the same, but reflecting on it I realize that I can't handle the pressure of holding losses when I see a large negative number, so I usually:
1. Make small orders. 2. Hold losses far combined with moderate DCA. 3. Often take profits early because I'm afraid it will retrace and lose the profit.
And this is the result of 10 days of careful trading again, hoping to maintain discipline to achieve sustainability. $BTC
$BTC Last time I returned to the entry, I reduced some volume, then I did a little DCA but will be disciplined not to DCA anymore, holding out to push BTC up to 121k will DCA a lot of volume.
$BTC False blue. Currently reviewing the way to play future. Small orders that go wrong can lead to big losses. Only when small orders are entered correctly will I dare to gradually increase the volume. Absolutely do not rush to follow others to enter a trade because I do not have the skill.
$BTC playing too safely is also bad, but DCA is afraid of making mistakes leading to a large volume increase. Because the trading psychology is too weak. I plan to wait until it reaches around 105 to gradually DCA up to 120.
LIVE
Cứ short là cháy
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Just keep holding on. There's no rush to DCA right now.$BTC
Just keep holding on. There's no rush to DCA right now.$BTC
LIVE
Cứ short là cháy
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$BTC Luckily, I cut my losses on a large BTC order when I foolishly shorted from 71, and then managed to DCA up to 82, just accepting my mistake. How the hell did I think it was good to get back in, only to continue holding? This time, I’ll let you run; I'm determined to stick it out with you. P/S: Just saying, even if the account isn’t wiped out, holding onto massive losses due to trading in the wrong direction is not much different from being wiped out, folks.
$BTC Luckily, I cut my losses on a large BTC order when I foolishly shorted from 71, and then managed to DCA up to 82, just accepting my mistake. How the hell did I think it was good to get back in, only to continue holding? This time, I’ll let you run; I'm determined to stick it out with you. P/S: Just saying, even if the account isn’t wiped out, holding onto massive losses due to trading in the wrong direction is not much different from being wiped out, folks.
Finally got to shore and got a little bit of her, still holding on to her profit. Good luck to you guys. I'm weak so I'll close it. $$PNUT Capital management is extremely important, everyone.
I decided to temporarily cut my losses on this one by selling the volume. Luckily, I got close to shore after many attempts. Better than many brothers who burned to the ground.
LIVE
Cứ short là cháy
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$PNUT I thought we were on shore, but we ended up on an island. You must have lost a lot of blood because of this.
#altcoinseason Almost 100% of people are expecting and are sure that there will soon be a season where altcoins soar, so they are looking to buy other altcoins that haven't risen much yet. However, with BTC currently, if there is a strong correction or a deceptive uptrend that leads to a sharp drop, it could be even more painful than the recent downturn, right? So where is the boundary between going against the crowd to increase wealth and being a hindrance, my friends?
People are hitting it big, making profits from several dozen to several thousand dollars at once, while I see barely any profit, just a fingernail's worth. $BTC $SOL