I’m thinking about trying a short on BEAT this time.
Honestly, this top is pretty hard to catch, but I can’t resist the urge to take a shot at revenge. The current price is around 2.03, so I think it’s worth testing the waters with a small short position. My target is the 1.55 level—if it really gets there, that would be great; but I also need to manage risk carefully, so I’ll set a stop loss at 2.25 to prevent any bigger losses.
Make sure not to go heavy on your position—trying to catch the top is always a high-risk move. Whether I can make a comeback depends on this trade, but ultimately, you all should assess the market for yourselves before deciding whether to follow. Remember, there are risks in crypto, so operate with caution.
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0xDreamChaser
· 22h ago
I'm still a bit hesitant about calling the top... but seeing how confident you are, I'm kind of tempted.
Haha, revenge trading really is something else. Every time I say that, I end up losing even more.
Shorting from 2.03 to 1.55? You'd need some luck for that, but I think it's okay to try with a small position.
Setting a stop loss at 2.25 is crucial. You really have to stick to that, otherwise you could get liquidated easily.
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ApeWithNoChain
· 12-08 20:34
Catching the top is really risky. It's normal to feel itchy to trade, but don't get yourself rekt.
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DefiPlaybook
· 12-07 21:51
If timing the top were that easy, we’d all just be blindly farming APY—no need to risk it all, right?
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GamefiEscapeArtist
· 12-07 21:51
Catching the top is really exciting, but I still think the risk at 2.03 is a bit high.
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OldLeekNewSickle
· 12-07 21:32
I really can't get rid of this itchy-hand problem. Am I going to try catching the top again?
I’m thinking about trying a short on BEAT this time.
Honestly, this top is pretty hard to catch, but I can’t resist the urge to take a shot at revenge. The current price is around 2.03, so I think it’s worth testing the waters with a small short position. My target is the 1.55 level—if it really gets there, that would be great; but I also need to manage risk carefully, so I’ll set a stop loss at 2.25 to prevent any bigger losses.
Make sure not to go heavy on your position—trying to catch the top is always a high-risk move. Whether I can make a comeback depends on this trade, but ultimately, you all should assess the market for yourselves before deciding whether to follow. Remember, there are risks in crypto, so operate with caution.