When Bitcoin's price surged to 87,800, I couldn't resist the temptation and went all in prematurely. The original plan was to wait until it broke through 91,000 before following up, but after such a long period of sideways movement, I was really exhausted and ultimately couldn't hold back. To be honest, this move taught me a valuable lesson — greed is the easiest way to get wrecked in trading.
Thinking carefully, turning $10,000 into $20,000, losing 50% and then doubling back sounds simple, but the actual difficulty of executing it is something you need to be aware of. Risk and reward are never equal, especially during market volatility, and it's crucial to learn how to control your desires. Next time, I must stick to the plan and not let short-term fluctuations throw me off rhythm.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
15 Likes
Reward
15
6
Repost
Share
Comment
0/400
SmartContractRebel
· 8h ago
87800 can't hold? Me too, haha, just took a big fall
Life, the more you try to control, the more it gets out of control. Next time, stick to the plan, really
50% rebound doubles? Just listen, actual operation is hell
This time I understand, greed is indeed the poison of trading, admit defeat
Sideways trading is really the most torturous, still need to have resolve
View OriginalReply0
Blockchainiac
· 8h ago
Haha, another brother who has been worn down by sideways trading to the point of surrender. I told you, this market cycle tests human nature the most.
That's why I never change my plan. 87,800 and such, I don't even blink.
Wait, lose 50% and then double up? That means tripling your position, my friend. You gotta do the math to pass the test.
Going all-in sounds exciting, but if you really lose everything, that's despair. No doubt about it.
Feeling mentally exhausted? Then you should stick to your plan even more. If you're tired and still change your plan, you're just creating your own obstacles.
View OriginalReply0
MevShadowranger
· 8h ago
87800 is the breaking point, I'm also stunned haha
---
That's why I can never be a professional trader
---
Controlling desire is easy to say, but who can withstand it when the moment comes
---
50% rebound to double? Bro, you're dreaming of peaches
---
Plans can't keep up with changes, sideways trading is the most torturous
---
Should have listened to what asset management people said, don't go all-in blindly
---
Feeling exhausted, this word is perfect
View OriginalReply0
fren_with_benefits
· 9h ago
Feeling really exhausted, sideways trading is so frustrating, I still have to hold it in.
View OriginalReply0
digital_archaeologist
· 9h ago
Haha, you're so right... I also couldn't hold back when I was at 88k, now I kind of regret it.
View OriginalReply0
OnlyOnMainnet
· 9h ago
Haha, this is what we often say: "Plans can't keep up with changes." Acting at 87,800 is indeed a bit hasty.
Consolidation can be really frustrating, but it also precisely shows that those who truly make money are very bored, aren't they?
When Bitcoin's price surged to 87,800, I couldn't resist the temptation and went all in prematurely. The original plan was to wait until it broke through 91,000 before following up, but after such a long period of sideways movement, I was really exhausted and ultimately couldn't hold back. To be honest, this move taught me a valuable lesson — greed is the easiest way to get wrecked in trading.
Thinking carefully, turning $10,000 into $20,000, losing 50% and then doubling back sounds simple, but the actual difficulty of executing it is something you need to be aware of. Risk and reward are never equal, especially during market volatility, and it's crucial to learn how to control your desires. Next time, I must stick to the plan and not let short-term fluctuations throw me off rhythm.