2026-01-08 14:34:58

Trading is all about mindset; if you think the wrong way, you'll end up losing. I’ve noticed that my worst losses usually happen in one place—the bottom-fishing moments. Every time the market drops, I get impulsive and try to buy cheap, but I end up losing the most. In comparison, losses during trend-following trades are much lighter. Poor position management is one thing, not cutting losses in time is another, but honestly, the key issue is that my trading mindset was reversed.

Now I’ve relaxed my attitude. Going out for a cup of milk tea, having a meal, enjoying days without holding any positions—it's actually quite comfortable. Seeing many people stubbornly hold onto losing positions, I just cut losses and get out, at least feeling mentally lighter. Sometimes, surrendering is also a kind of victory.

Looking at the chart, Bitcoin has once again reached the critical support level at 3080. How long this line can hold is really uncertain. Market movements are usually quick to come and go; if I hadn’t been bearish on those bullish fantasies, I would have already been broken. On Ethereum’s side, sometimes I don’t chase at high levels, and by the time I realize the opportunity has passed. Instead of blindly trading, it’s better to stay calm and observe the situation—being a clear-eyed spectator isn’t a bad thing.

BTC-0,76%

ETH-1,4%

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FlashLoanPrince

· 01-11 14:34

Bottom-fishing is really the grave of trading. I've also taken a tumble. Now I just run when I see the bottom. Stop-loss is hard at first, but later I realize that staying alive is much more important than being right. Following the trend is the way to go. It sounds simple, but anyone can crash when trying to do it. Can Bitcoin hold above 3080? I’m not gambling anymore. Drinking milk tea is more comfortable.

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just_another_wallet

· 01-11 12:26

Bottom-fishing is really the most money-burning trap in trading. I have been trapped countless times, and every time I think this time is definitely the bottom, but then it crashes again. Making money by riding the trend is actually more profitable than losing money by bottom-fishing. The moment I admit defeat and get out, I feel completely relieved. It's much better than stubbornly holding on and torturing myself watching the K-line. I really can't say how long the 3080 level can hold, the market moves so fast, and by the time you turn around, the opportunity is gone. Instead of chasing highs, it's better to stay calm and wait. Being a spectator is actually quite comfortable.

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potentially_notable

· 01-08 23:06

Really, bottom fishing is like playing Russian roulette; every time I think this time is different. The words "stop loss" are easy to say but extremely hard to do, but they can truly save your life. Will Bitcoin continue to crash this time? Honestly, I can't see through it, but at least I'm not chasing the highs anymore. Having no position is freedom, so satisfying.

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SneakyFlashloan

· 01-08 15:01

Bottom fishing is truly one of the most brain-burning activities in trading. I've fallen into this trap countless times, and now I just lie back and watch the show. How many days Bitcoin can hold this support level depends on the momentum; anyway, I'm not buying anymore. It was only when I cut my losses and got out that I realized living is much more comfortable than making money, indeed. I also wanted to miss the high wave of Ethereum, but I just keep trying to pick up bargains—damn, it's hard to change my nature. Trend-following orders indeed have fewer losses, no doubt about that. Bottom fishing is just a battle between myself and myself. Now I watch the market just to pass the time; not holding any positions feels so good. Saying "losing by surrender" is not a sickness.

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MEVHunter_9000

· 01-08 14:57

The bottom-fishing mentality is the most harmful; I've fallen for this trap too. Every time, I think I'm the king of the bottom, only to get caught off guard and be trapped. Admitting defeat and getting out is really satisfying, a thousand times better than stubbornly holding on. Whether the 3080 can hold or not still depends on the mood of the market maker. Anyway, I’m currently not making any moves.

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GasFeeCrier

· 01-08 14:57

Trying to catch the bottom is really a weed cutter, I've fallen into countless pits, and now I've just quit. Admitting defeat is truly winning; it's much better than stubbornly holding onto losing positions. The feeling of cutting losses, getting out, and drinking milk tea is really satisfying; losing a bit of money isn't worth the stress. Wait and see if Bitcoin can hold at 3080, it feels like it might drop even more. Sometimes doing nothing is actually making money; it's ironic but true. Following the trend is the right way; always trying to catch the bottom is just asking for death. I need to learn to keep a calm mindset; too many people are still stubbornly fighting. Wake up, those who are dreaming of a bull market; reality is quite harsh. It's okay that I didn't follow Ethereum's recent move; chasing high is too risky. Not trading might actually be the best strategy; I understand the principle, but I just can't do it.

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governance_lurker

· 01-08 14:51

Absolutely incredible, the bottom-fishing strategy is indeed a leek harvesting machine, how many people got caught here Admitting defeat is much more comfortable than holding onto a losing position, this realization is valuable The 3080 defense line feels precarious, once broken there's really no limit That last sentence was very touching, sometimes watching coldly from the sidelines yields the most profit

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