Today is destined to be a sleepless night for many, another night of bloodshed. Including myself, I haven't slept either, and I can really understand. Whether it's ETH or BTC, both have fallen more than expected, dropping repeatedly until the price is low enough to trigger a buying frenzy among those who were originally out of the market, or to make investors holding long positions hurriedly add to their positions to lower their average cost. In either case, it's like drinking poison to quench thirst—the outcome is obvious: the price falls through the screen. There's nothing new on Wall Street, and I believe I will encounter the same situations in my future investment career. We really can't keep making the same mistakes; timely and profound reflection is extremely important.
1. Stop-loss is very important. No stop-loss, no trading. 2. Follow systematic trading, eliminate impulsive trades, avoid bottom-fishing mentality. 3. If there's a loss, don't delude yourself into thinking that adding to your position will lower the average cost. 4. Properly control your position size; large positions should enter and exit quickly—coming in fast, leaving just as fast. Let's encourage each other, crypto warriors. (Newly registered accounts, haven't placed any orders yet), just click follow and then go. Thank you.
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TheBreakerX
· 2h ago
Follow me, and I can help you recover your losses. I always trade with real funds.
Today is destined to be a sleepless night for many, another night of bloodshed. Including myself, I haven't slept either, and I can really understand. Whether it's ETH or BTC, both have fallen more than expected, dropping repeatedly until the price is low enough to trigger a buying frenzy among those who were originally out of the market, or to make investors holding long positions hurriedly add to their positions to lower their average cost. In either case, it's like drinking poison to quench thirst—the outcome is obvious: the price falls through the screen. There's nothing new on Wall Street, and I believe I will encounter the same situations in my future investment career. We really can't keep making the same mistakes; timely and profound reflection is extremely important.
1. Stop-loss is very important. No stop-loss, no trading.
2. Follow systematic trading, eliminate impulsive trades, avoid bottom-fishing mentality.
3. If there's a loss, don't delude yourself into thinking that adding to your position will lower the average cost.
4. Properly control your position size; large positions should enter and exit quickly—coming in fast, leaving just as fast.
Let's encourage each other, crypto warriors. (Newly registered accounts, haven't placed any orders yet), just click follow and then go. Thank you.