I have changed my trading strategy - no longer being lenient with any holdings. The previous approach of 'building a position in batches and holding long-term' is now out. Observing the current market, the majority of coins are facing resistance at the 100k level, which has evidently become a psychological barrier in the market. More importantly, it's about risk management: I am re-planning my wallet allocation and strictly enforcing stop loss discipline. This round of the market has taught me that flexibly adjusting positions and timely stop losses are more valuable than blindly averaging down.
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RugpullTherapist
· 5h ago
Hitting the 100k mark has indeed blocked many people, but it's really time to change this set of practices.
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FlashLoanLarry
· 6h ago
lmao the "100k psychological barrier" thesis is just cope at this point... but yeah, capital utilization beats bag holding, that part checks out. noticed your stop loss discipline kicks in only after getting liquidated tho 👀
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DaoTherapy
· 6h ago
Hitting the 100k mark really tripped up a lot of people, but it's time to lay down that old set of excuses that should have been discarded long ago.
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SnapshotDayLaborer
· 7h ago
The 100k barrier has really blocked a lot of people, but the strategy of averaging down should have been discarded long ago; stop loss is the right way.
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PretendingToReadDocs
· 7h ago
100k is really a tough nut to crack, I have been trapped before and only then did I realize that the trap of averaging down should have been thrown away a long time ago.
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MetaverseVagabond
· 7h ago
100k is really a hurdle, but I think averaging down isn't always that evil.
Stop loss discipline sounds good, but it's still super hard to execute.
I have changed my trading strategy - no longer being lenient with any holdings. The previous approach of 'building a position in batches and holding long-term' is now out. Observing the current market, the majority of coins are facing resistance at the 100k level, which has evidently become a psychological barrier in the market. More importantly, it's about risk management: I am re-planning my wallet allocation and strictly enforcing stop loss discipline. This round of the market has taught me that flexibly adjusting positions and timely stop losses are more valuable than blindly averaging down.