That day’s market situation indeed caused quite a few losses. ETH’s volatility was hard to withstand, and emotional trading was the main reason. To be honest, this loss serves as a lesson—greed plus leverage often leads to this kind of outcome.
Fortunately, I stopped loss in time, preventing the losses from expanding further. Now I’m just waiting to see the subsequent rebound opportunities; the market will always give the next signal. Sometimes, just surviving is about waiting for the next wave of market movement.
The biggest danger in trading is self-deception. Not admitting losses when it’s time to do so only leads to deeper trouble. This time, it’s a lesson learned with real money.
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GasFeeCrier
· 2h ago
Quick stop-loss really means making a profit; many people just stubbornly hold on and refuse to cut their losses.
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AmateurDAOWatcher
· 12-15 15:53
Leverage is a double-edged sword; the outcome for greed is usually the same...
Cutting losses in time is a matter of life and death, otherwise you'll suffer a bloodbath.
Is this rebound coming? It feels like the market is holding back a big move.
Once the mentality collapses, everything is useless; this lesson is too costly.
Admitting defeat is really harder than stubbornly holding on, especially when watching a rebound...
Wait for the next wave; anyway, staying alive is just for waiting for the market.
I just want to know how many people can truly cut losses in time?
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AirdropBuffet
· 12-15 15:53
Leverage is really a poison, a bloody lesson every time you look back
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Stop loss must be ruthless, otherwise it becomes a gambler's mentality
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ETH is indeed fierce this time, if your mindset collapses, everything is useless
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Admitting defeat is the hardest in trading, I have been through it too
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Waiting to survive until the next wave? Ha, that’s a bit harsh
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Greed plus leverage = self-destruction, I always forget
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Those who cut losses in time have survived to the next wave
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Self-deception is the biggest enemy in trading, and you're right
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WagmiOrRekt
· 12-15 15:53
A leveraged player, just admit defeat and be done with it. The most important thing is not to deceive yourself.
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WalletDoomsDay
· 12-15 15:29
Leverage can't be stopped once it starts, that's how I also lost money...
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Stop-loss is easy to say, but actually doing it is really deadly
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ETH has been really fierce this time, but compared to those without stop-losses, my friend is considered smart
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Greed, every time I say next time I won't, but next time I still get carried away
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Living to wait for the next market wave, I love this phrase, so true
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Self-deception is indeed the most deadly; it's better to lose a bit than to deceive yourself
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Rebound opportunities will always come; the key is to stay alive and wait for that moment
That day’s market situation indeed caused quite a few losses. ETH’s volatility was hard to withstand, and emotional trading was the main reason. To be honest, this loss serves as a lesson—greed plus leverage often leads to this kind of outcome.
Fortunately, I stopped loss in time, preventing the losses from expanding further. Now I’m just waiting to see the subsequent rebound opportunities; the market will always give the next signal. Sometimes, just surviving is about waiting for the next wave of market movement.
The biggest danger in trading is self-deception. Not admitting losses when it’s time to do so only leads to deeper trouble. This time, it’s a lesson learned with real money.