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Day 10, today's drawdown is close to 50%.
Goal: 100U to 100kU challenge, Day 18, assets at 2000U.
#eth #btc #BullRun
Review:
I misjudged yesterday. After compounding 35x for 9 consecutive days, the gains retraced to 20x.
1. I got the ETH direction wrong and added to the position midway, then got caught in a massive pump.
2. I shorted Bull Run impulsively without waiting for the right entry point.
Otherwise, I would have climbed another level. Today's drawdown is a bit large.
But as long as I survive, there is hope. Keep working hard. This is another lesson learned: (Never take large positions in altcoins; preferably avoid them altogether. There are already plenty of opportunities in major coins, so there is no need to take the risk. Altcoin markets are small, and market makers have already completed their positioning in advance. They give no reason for their rises or falls. Once they start moving sideways, simply trading them carries a high probability of getting trapped.)