Really took a hit this time, have to bow my head to the market.
This BTC move was a textbook-level mistake—I should have held onto that 93,000 short, but got blinded by a small rebound. After testing 92,000 early yesterday, it plunged right away. The moment it broke 88,600, the trend was basically confirmed, and a week’s rebound was wiped out in an hour.
Where did I go wrong? Making random predictions during consolidation and terrible position management. The market really taught me a lesson.
What’s next? No rush, I’ll wait until the structure is clearer. The main strategy is still to look for short opportunities at higher levels—that’s the main line. Going long? Not unless it breaks the previous low and recovers above 80,000, otherwise forget it. I already placed a long at 78,000, with strict position control—no going all in.
Starting next month, I’ll cut down on trading frequency, so few trades I could count them on my fingers. The market humbled me, and I need to learn my lesson.
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ImpermanentLossEnjoyer
· 17h ago
93,000 is hard to hold onto. Only now do I realize what it means to be greedily insatiable, like a snake swallowing an elephant...
Handshake, both of us were fooled; I almost thought the rebound was the end.
This round of market education was indeed effective. Proper position management really needs to be taken seriously.
Lowering the frequency is the right move; otherwise, always trying to catch the bottom and top, and in the end, nothing is caught.
After this round, how can we not reflect on trading discipline...
Is 80,000 really the dividing line, or is it just another self-soothing lie...
Before going long, first calm down the confusion. Being tangled around 78,000 is too risky.
It’s just itchy hands; no matter how many stop-losses you set, you can’t stop the desire to go all-in.
We agreed to lower the frequency, but next month, I guess I’ll start doing seven or eight intraday trades a day again. I bet five cents on it.
Getting slapped in the face is the best teacher, but unfortunately, you have to get hit again next time to remember.
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DAOplomacy
· 22h ago
honestly the governance implications here are... non-trivial. like sure, textbook liquidation narrative and all that, but arguably the real sub-optimal incentive structure is how retail gets whipsawed during consolidation phases. historical precedent suggests these kinds of capitulation posts precede either massive capitulation or the setup for the next leg down, but idk which one we're in rn tbh
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BlockDetective
· 12-09 19:18
Oh man, I really should have held onto that 93000 order. I got shaken out by the rebound and got confused. This is a tough lesson.
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RektButAlive
· 12-09 19:18
This 93000 trade was really a brainless move. I couldn't hold after just two bounces during the rebound, deserved to get slapped in the face.
It took three consecutive losses in the market to truly understand what position management means. This loss was worth it.
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LiquidatedDreams
· 12-09 19:17
Oh man, that 93,000 order was really frustrating, I panicked as soon as the rebound happened.
The market is a tough teacher, paying tuition fee round after round.
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FortuneTeller42
· 12-09 19:17
Not being able to hold on to 93000 is really unbelievable, got played by the rebound.
The market won this time, I have to admit it.
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ForkTongue
· 12-09 19:07
Oh no, I really should have held on to that short at 93000. Got distracted during the rebound and lost it all.
The moment it dropped to 88600, I knew it was bad. A whole week’s efforts wasted.
Really took a hit this time, have to bow my head to the market.
This BTC move was a textbook-level mistake—I should have held onto that 93,000 short, but got blinded by a small rebound. After testing 92,000 early yesterday, it plunged right away. The moment it broke 88,600, the trend was basically confirmed, and a week’s rebound was wiped out in an hour.
Where did I go wrong? Making random predictions during consolidation and terrible position management. The market really taught me a lesson.
What’s next?
No rush, I’ll wait until the structure is clearer. The main strategy is still to look for short opportunities at higher levels—that’s the main line. Going long? Not unless it breaks the previous low and recovers above 80,000, otherwise forget it. I already placed a long at 78,000, with strict position control—no going all in.
Starting next month, I’ll cut down on trading frequency, so few trades I could count them on my fingers. The market humbled me, and I need to learn my lesson.