Since entering the market in October, it's been a full month, and the bear market has just passed its first month. This month has seen a steep decline. Some have advised me to take profits when things look good, but I have thought carefully about a question.
What happens after you run away? When will you come back? At what price will you return? I haven't forgotten the story of 2022. When Bitcoin was at 20,000, and it rose to 25,000, would you dare to sell? After selling, do you still have the courage to buy again? That is the real test. So I am still holding my long-term positions, completely unchanged. What's moving are my short-term positions.
Specifically, I just bought some BTC and SOL. I placed a limit order for Ethereum at 3050, but it hasn't been filled, so I won't chase it. For short-term trades, I won't hold for more than three days. If the price drops between 103 and 105, I will exit; I am not aiming for the ideal price of 107, which I find too greedy.
I've also considered the worst-case scenario. If it really crashes to 80,000, I accept it. But with the order at 90,000, there's no problem to exit with a profit. The key is, I don't believe Bitcoin will go to zero, at least not this November.
This is not investment advice, just a trading journal. You can say I’m speculating, and I admit it. But I am betting on "rhythm," not "fate." Long-term depends on conviction; short-term relies on a sense of rhythm. Both are essential.
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CryptoWageSlave
· 12-17 23:12
Ah, that's right, no problem with what you said. I'm just worried that when it really hits 80,000, I'll get cold feet again.
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SandwichVictim
· 12-17 08:35
A good sense of rhythm is definitely a skill, much better than reckless gambling.
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WalletDetective
· 12-16 07:04
I'm just afraid that once it's out, I really won't be able to come back, I can't get past this mental barrier.
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MemeTokenGenius
· 12-14 23:51
Alright, now that's the real deal in combat, not just armchair strategizing all day long.
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SchroedingersFrontrun
· 12-14 23:47
Well said, this is a player who truly understands the rhythm.
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HashRateHermit
· 12-14 23:46
This rhythm is interesting, but if it really hits 80,000 in November, your 90,000 order might also have to be sacrificed.
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rugpull_survivor
· 12-14 23:40
The real test is right here; you need to pass the mindset check.
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MEVictim
· 12-14 23:28
I get this sense of rhythm, and it's definitely not about gambling with fate.
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MemeEchoer
· 12-14 23:28
I need to learn this sense of rhythm; it's so much better than my random guessing.
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WhaleWatcher
· 12-14 23:27
That's right, it's about mental preparation. Knowing how to calculate isn't as important as holding onto your position. Even the best entry points are just decorations if you can't hold onto them.
Since entering the market in October, it's been a full month, and the bear market has just passed its first month. This month has seen a steep decline. Some have advised me to take profits when things look good, but I have thought carefully about a question.
What happens after you run away? When will you come back? At what price will you return? I haven't forgotten the story of 2022. When Bitcoin was at 20,000, and it rose to 25,000, would you dare to sell? After selling, do you still have the courage to buy again? That is the real test. So I am still holding my long-term positions, completely unchanged. What's moving are my short-term positions.
Specifically, I just bought some BTC and SOL. I placed a limit order for Ethereum at 3050, but it hasn't been filled, so I won't chase it. For short-term trades, I won't hold for more than three days. If the price drops between 103 and 105, I will exit; I am not aiming for the ideal price of 107, which I find too greedy.
I've also considered the worst-case scenario. If it really crashes to 80,000, I accept it. But with the order at 90,000, there's no problem to exit with a profit. The key is, I don't believe Bitcoin will go to zero, at least not this November.
This is not investment advice, just a trading journal. You can say I’m speculating, and I admit it. But I am betting on "rhythm," not "fate." Long-term depends on conviction; short-term relies on a sense of rhythm. Both are essential.