I just cut out to send a message, and when I came back, the order book had already written the bearish direction on its face. Right after reviewing the bearish news, $MYX was still swinging around at a high level. A lot of people got itchy from that little rebound, but what I saw was that once it went up, no one stepped in—when the sell wall showed up, the bids immediately looked clearly weaker.

MYX around 0.1796 couldn’t hold steady for a long time. I judged this wasn’t a strong consolidation, but rather a loosening caused by insufficient support, so I followed through and opened a long. I didn’t chase into the trade running after the key level; the focus was on waiting for confirmation and then moving in sync with the momentum.

Now the price is back to 0.0656. The profit on this short position is +1248.7%. This wasn’t in vain—patience finally got a response.

First, close 80% to lock in the gains. For the remaining 20%, pull the stop-loss back to around the break-even cost. If it keeps dumping, hold and watch the profit extend. Even if it bounces back, I won’t let the gains turn uncomfortable again—position management matters more than emotion.

Compounding requires staying alive; the shortcut to getting rich often ends with going to zero. If you haven’t entered yet, don’t chase longs into the drop—wait for the next wave of signals to act. There are still opportunities. Don’t be in a hurry.

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