Today I saw a post about Big Brother Machi, and I felt a mix of emotions🥲📉


To protect my $ETH long position, he even sold a Bored Ape to add margin. To be honest, my first reaction wasn't to watch the drama, but to realize how terrifying high leverage really is.
While slacking off at work this afternoon, I was watching the charts. $ETH bounced back to around 1568.2 and then turned again. It suddenly reminded me of my previous time holding a losing position. When I opened the position, I thought, "Just wait a bit longer, it'll come back," but it went from a small loss to a big loss, and finally I only stopped out after losing 287.4U. Seriously, thanks a lot🤦‍♀️
To be honest, whether your account is a few hundred U or tens of millions of U, everyone makes the same mistakes in the face of market trends: unwilling to cut losses, always thinking the next candlestick will save you.
Recently, $BTC and ETH have been relatively weak, and market sentiment is very volatile. Now I dare not easily go against the trend to buy the dip. I'd rather earn a little less than turn trading into a gamble against the market😂
What struck me most this time is that the size of your capital does not determine wins or losses; risk control determines whether you can stay in the market. No matter how large your position, without discipline, the market can slowly eat it away.
So I only set three requirements for myself:
✅ Don't go all-in on a direction.
✅ Cut losses promptly when wrong.
✅ Don't let wishful thinking take over your trading.
ETH-0.37%
BTC-0.38%
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ThisIsTranslateContent:
· 3h ago
Quick, get in!🚗
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ThisIsTranslateContent:
· 3h ago
Firmly HODL💎
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大花裤衩子
· 4h ago
Thank you, teacher,
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GateUser-9b3a48fc
· 5h ago
Makes sense.
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HighAmbition
· 5h ago
thanks for sharing
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