When I first acquired this coin, it was only 10x, then there was an 8x correction that scared me into almost cutting my losses. But then it skyrocketed to 50x, and I started gradually selling off from 30x. Honestly, I was feeling greedy at the time and only sold half. So what happened? It later dropped more than twenty times, and I finally cleared out the remaining holdings. Seeing the sharp decline midway, I thought about bottom fishing for a bargain, but I was stopped out by the stop-loss. I still made some profit, but after all this, my mentality was completely shattered. This wave of market decline was truly outrageous, a completely irrational sell-off. Looking at this trend, if it weren’t for the profits from later stages offsetting the losses, this trade would have been a total loss.

View Original
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.
  • Reward
  • 3
  • Repost
  • Share
Comment
0/400
BearEatsAllvip
· 9h ago
Greed can ruin a lifetime, brother. Being able to tolerate 30x gains but losing at 20x is truly outrageous mental resilience. --- So you're the type who wants to keep earning after making money, but ends up losing instead, right? --- Not selling at the top at 50x—that's the self-cultivation of a leek (retail investor). --- Wow, just watching this operation makes me feel sorry for you. You can even lose more when trying to cut losses. --- Basically, it's a lack of planning, relying solely on intuition. No wonder you're getting wrecked. --- It's a mindset issue, not a problem with the coin. --- Still wanting more at 50x? Oh my, greed truly is the original sin. --- Early exit to enjoy early, but you insist on earning that last dollar, and end up with nothing. --- Who’s to blame for the dump? The key is that you didn't take profits when you should have. --- This is called being able to make money but not to hold onto it—typical.
View OriginalReply0
CryptoNomicsvip
· 01-07 07:50
honestly, your position sizing was statistically abysmal. if you'd actually run a basic monte carlo simulation on your exit strategy, you'd see the probability of getting caught bagholding was like 78% given those volatility parameters. but sure, blame "irrational panic selling" instead of your complete lack of risk management framework. classic retail behavior masked as market wisdom.
Reply0
GasWaster69vip
· 01-07 07:48
Greed harms people. If it's 30x, you should go all in, but you insist on waiting for 50x. This is a typical human weakness; I've seen it too many times. The bottom-fishing attempt directly backfired. Luckily, I didn't lose everything.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • بالعربية
  • Português (Brasil)
  • 简体中文
  • English
  • Español
  • Français (Afrique)
  • Bahasa Indonesia
  • 日本語
  • Português (Portugal)
  • Русский
  • 繁體中文
  • Українська
  • Tiếng Việt