I've started recording my "liquidity sense": when the order book is thin and orders are being canceled one after another, I know not to be stubborn today. Honestly, when liquidity dries up, whether you buy the dip or not becomes secondary; surviving first is what matters for the next opportunity. Recently, everyone is watching staking unlocks and unlock calendars every day, anxious about selling pressure. I do look at them too, but I won't rush to bet on a reversal... The biggest benefit of recording this is that it makes me less stubborn: if I lack confidence, I reduce my position and move less, keep some bullets, and slowly pick up bargains. Anyway, when the market isn't favorable, resisting the urge to trade is also a form of trading.

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