Looking at ZEC's trend, I suddenly remembered that previous 600-dollar short position. At that time, the market was crashing downward, and my position multiplied 25 times. Theoretically, I should have taken profits, but I didn't close the position. When it rebounded, I got itchy and added more, eventually giving back all the gains.
It's quite ironic to think about. In the crypto market, crises often test human nature the most. Those who can hold steady during declines and accurately bottom fish can indeed accumulate a lot of chips. But more often, we fall prey to the word "greed"—always wanting to earn a little more, only to end up losing everything.
Looking back now, it's not that the market didn't offer opportunities, but that my mindset and risk management were flawed. True commitment isn't about holding onto a position stubbornly, but knowing when to take profits and when to cut losses. When the next opportunity comes, having bullets in your pocket is the true winning posture.
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GreenCandleCollector
· 01-09 22:21
600 bucks multiplied by 25 times can still be pulled back, this move is also incredible.
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MEVictim
· 01-09 20:55
This is the price of greed, even 25x couldn't hold
The phrase "itchy hands" really can ruin a person
Exactly right, bullets are the real key
Me too, I always add positions recklessly during rebounds
After losing once, I understand that taking profits is really not shameful
This wave of ZEC is again testing human nature
It doubled and still wants to multiply by 10, but ends up giving everything back
Honestly, risk management is much more difficult than bottom-fishing techniques
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SelfRugger
· 01-08 11:00
This is the curse of the crypto world—those who make money are not really making money.
Not taking profits is just gambling; don't fool yourself into thinking it's investing.
A 25x turnaround and still holding on until you vomit blood—that mindset is incredible.
To put it nicely, it's greed; to be blunt, it's gambler's mentality.
Did you remember next time? Or will you keep making the same mistakes?
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OffchainWinner
· 01-08 10:59
600 bucks multiplied by 25 times or I just couldn't hold back, this is us haha
Greed is really the biggest killer in trading, it’s painful
The promised take profit and stop loss, completely forgotten in the face of the market
I often do the same, I feel you brother
Next time for sure, but I’ll probably repeat the same mistake again
This wave of ZEC’s trend really triggers nostalgia
When the rebound happens, my hands start to itch, I totally get this feeling
Actually, holding onto bullets is much harder than holding onto positions
Make some profit and run, keep the principal and continue to play, that’s the right way
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LightningWallet
· 01-08 10:59
That's why I now set take-profit and stop-loss orders; itching doesn't help.
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screenshot_gains
· 01-08 10:46
If it's 25x, you should run. This mindset is really incredible. Greed can be deadly.
Looking at ZEC's trend, I suddenly remembered that previous 600-dollar short position. At that time, the market was crashing downward, and my position multiplied 25 times. Theoretically, I should have taken profits, but I didn't close the position. When it rebounded, I got itchy and added more, eventually giving back all the gains.
It's quite ironic to think about. In the crypto market, crises often test human nature the most. Those who can hold steady during declines and accurately bottom fish can indeed accumulate a lot of chips. But more often, we fall prey to the word "greed"—always wanting to earn a little more, only to end up losing everything.
Looking back now, it's not that the market didn't offer opportunities, but that my mindset and risk management were flawed. True commitment isn't about holding onto a position stubbornly, but knowing when to take profits and when to cut losses. When the next opportunity comes, having bullets in your pocket is the true winning posture.