$RAVE this trade is a typical case of “you can’t chase wildly after you’ve missed it.” The earlier empty position moved from the opening price of 0.3832 to the current price of 0.2738, and the return of +698.15% has already played out. But the really comfortable spot was actually long gone.

Many people around me wait for the price to drop before they think about getting on board. Once a bearish candle appears, they get afraid of missing out. The problem is, if you chase again from this position, the upside may not be great—after a bounce, it can easily throw off your mindset.

My own approach is: if you’re holding a position, scale out in batches with an 80/20 split, and keep the remaining position with protection at a predefined level; if you didn’t get on the trade, then just accept it. In crypto, the most tormenting thing isn’t not having an opportunity—it’s after the opportunity is over, still trying to force your way in. Profits from a drop are the outcome; the real skill is restraint and not chasing.

$BTC $ETH