I'm not very good at managing emotions, but stop-loss really is like a breakup: the more you think "let's wait and see if it will turn around," the easier you wear yourself out until you lose your temper, ultimately losing both transaction fees and time costs. Anyway, I now write "admit when wrong" in my memo, preferring small losses over dragging into a big pit.



Recently, there are always people on the chain watching large transfers and the hot and cold wallets of exchanges, saying it's "smart money" hinting at directions... To put it plainly, many times you don't know whether that money is for repositioning, OTC, or internal transfer. It's fine to watch the fun, but it's very dangerous to take it as faith. No matter how fast the bridge is built, it must be stable first. I prefer to cut according to plan and sleep peacefully.
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
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin