I have to admit defeat; this round of operations indeed backfired. The market's mood changes faster than anything, and in a moment of impulsiveness, I cleared my positions. I initially aimed for precise bottom fishing, only to realize that the main character in this comedy was actually myself. Now I can only sheepishly return to my daily routine and get a regular job to earn money.
Watching people around me harvest profits in the market while I am stuck at a high position and unable to move, that feeling is truly uncomfortable. All the preparations I made for an all-in strategy have become useless, even feeling somewhat dusty and forgotten. What hurts even more is that those who once moved forward with me are now in completely different situations.
This lesson is profound—market randomness far exceeds expectations. Without sufficient capital reserves and risk management, even seemingly perfect bottom fishing opportunities can turn into deep traps.
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OldLeekNewSickle
· 10h ago
This is a classic example of chasing the rise and selling the fall. Going all-in at a high point and still trying to catch the bottom precisely—haha, you're just giving the whales a bunch of leeks.
Honestly, it's still poor risk management. That's the result of a reckless all-in move.
Looking at the chip distribution, the point you entered was probably in the main player's distribution zone... I won't say more, I've been cut like that too.
Closing positions to cut losses is actually a rational move, but the psychological hurdle is hard to overcome. Watching others rise while you're stuck working at home—this kind of torment is really exhausting.
The market's temperament has become faster, no one can precisely catch the bottom. As retail investors, we should just protect our principal and not think about doubling. Just for your reference, everyone.
Next time, make sure to keep enough emergency reserves before playing. The lesson from this time is deep enough, right?
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GasGuzzler
· 16h ago
Clearing out to buy the dip only to be hit back hard—that's the magic of the crypto world.
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Market trends are really unpredictable; the ones who buy at high prices are always people like me.
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This round of losses is pretty severe, but it's still better than going all-in and fooling myself.
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Basically, it's because there's no risk control and no capital reserves. Serves me right for getting trapped.
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Watching others make money while I get cut—what a feeling that is.
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I'll make the same mistake again next time, I dare to bet.
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Precise bottom-fishing? Laughs. That's what you call precise buying-in.
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gas_guzzler
· 21h ago
Did you regret everything the moment you cleared your position?
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token_therapist
· 12-16 03:26
Clearing out to buy the dip and getting caught on the rebound, this script is really well written
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zkNoob
· 12-15 22:06
Liquidate positions to buy the dip and then turn around to buy back myself. I've seen this story too many times haha
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SilentAlpha
· 12-15 22:03
Buying the dip without making a profit is just cheating.
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ShibaSunglasses
· 12-15 22:01
A typical case of buying high and getting cut, this is the consequence of not setting a stop-loss.
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ShadowStaker
· 12-15 21:59
yeah, the randomness argument doesn't really hold up though. it's not market chaos—it's just poor position sizing and zero risk controls. seen this play out countless times. all-in narratives always end the same way... someone's bag gets heavier, usually not the guy convinced he found the perfect entry.
liquidation mechanics don't care about your conviction, ngl
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MEVHunterZhang
· 12-15 21:49
Diving to the bottom and reaching the skyline, that's my story.
I have to admit defeat; this round of operations indeed backfired. The market's mood changes faster than anything, and in a moment of impulsiveness, I cleared my positions. I initially aimed for precise bottom fishing, only to realize that the main character in this comedy was actually myself. Now I can only sheepishly return to my daily routine and get a regular job to earn money.
Watching people around me harvest profits in the market while I am stuck at a high position and unable to move, that feeling is truly uncomfortable. All the preparations I made for an all-in strategy have become useless, even feeling somewhat dusty and forgotten. What hurts even more is that those who once moved forward with me are now in completely different situations.
This lesson is profound—market randomness far exceeds expectations. Without sufficient capital reserves and risk management, even seemingly perfect bottom fishing opportunities can turn into deep traps.