Guys, who understands this! This round of plunging—seeing it is genuinely refreshing📉🔥 A few days ago, right before bed, the chart was still trading at high levels. I tried to push on $CHIP several times, but it just couldn’t get over that last bit of resistance. I remember thinking at the time that this bounce looked a bit fake—volume didn’t keep up, there wasn’t anyone to step in and buy on the way up, so I followed the short-sell idea and went straight in.



You’re not afraid of it grinding; you’re afraid you panic first.

From entering around 0.04278, to now 0.03203—this short position finally delivered the answer✅🎯 Current profit +1213.51%. It was tough getting through all the grinding, but exiting feels really good. Anyone still on the ride should be laughing😎💰

In terms of execution, don’t get greedy for the last bite. Close 80% first and lock in the profit📌 Keep the remaining 20% to protect your cost basis—if it keeps dumping, let the profits run. And if there’s a bounce, don’t give back the rhythm you’ve already locked in🛑

Lock in profits when you should.

If you missed the move, don’t chase⚠️ Chasing can easily mess up your mindset from getting rear-ended. Wait for the next time there’s a clear signal—move only when the bounce shows resistance or a new structure forms🔔 The market doesn’t lack opportunities; what it lacks is patience.

$BTC $ETH
CHIP2.50%
BTC-0.02%
ETH0.62%
View Original
post-image
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
  • Pinned