A few days ago, when I was watching $ADA , the most tormenting part wasn’t that it didn’t rise—it was that it kept pausing right when you thought it was about to start. After doing short-term contracts for a long time, this kind of chart is the easiest to wear people’s mindset down.



What I was watching then was the area around the opening price of 0.1448. It wasn’t a particularly comfortable spot, but the pullback didn’t break, and instead more people slowly started to take it. It was pushed all the way to the current price of 0.1637 afterward; this position is up +926.8% in unrealized profit, and the process was harder than the result to hold.

In the middle, I also thought about whether I should get off first, because when you have profits, people fear giving them back the most. But honestly, the market structure hadn’t shown anything clearly going bad yet—running too early can easily turn into being right but not actually getting to eat.

Now my approach is simple: I don’t aim to catch the whole move. First, hold on to what I can take. Then let the remaining position, with a protection level, play out and observe. After you’ve made money, don’t suddenly get greedy for the last bite—that matters more than trying to guess another leg.

$BTC $ETH
ADA4.41%
BTC3.23%
ETH5.46%
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