Day 10, it recovered my losses again this morning.


Currently at 100U; on Day 9, 3500U had a maximum drawdown to 1200U, and this morning it recovered to 4500U again—45x achieved.
Today’s recommendation: with the direction unclear, don’t trade, or trade with a light position.

Trading is a form of self-cultivation. You cannot lack confidence in trading, nor can you be blindly confident; stick to your initial judgment, and when your judgment deviates, reassess whether there is a problem with the direction and correct it in time.
When the market direction is unclear, never take a heavy position. It’s better not to eat, or to eat less, than to be greedy!
As I always say, don’t touch altcoins, or touch them as little as possible. If you must trade them, only use a light position to take a small bite; if you lose, accept the loss and run. Remember, never add to your position to lower your cost basis.
When trading altcoins, remember that you can win 99 times, but the market maker only needs to beat you once.#eth #btc
ETH-0.58%
BTC-0.21%
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PEGWatcher
· an hour ago
That line about altcoins is all too real: 99 wins and 1 loss, and you’re wiped out. The house has more time than you do.
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TimeCycleAstrologer
· an hour ago
45x is really wild, but did your heart survive that pullback?
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ThisIsTranslateContent:100U
· 2 hours ago
Many people have already bottom-fished today, or are eager to do so, but both are unwise choices; it’s not that bottom-fishing can’t make money, but that the potential losses and gains are disproportionate, so there’s no need to take the risk. There is still plenty of room for prices to fall, so you can only bottom-fish with a small position and leave yourself enough room to maneuver.
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