When I first acquired this coin, it was only 10x, then there was an 8x correction that scared me into almost cutting my losses. But then it skyrocketed to 50x, and I started gradually selling off from 30x. Honestly, I was feeling greedy at the time and only sold half. So what happened? It later dropped more than twenty times, and I finally cleared out the remaining holdings. Seeing the sharp decline midway, I thought about bottom fishing for a bargain, but I was stopped out by the stop-loss. I still made some profit, but after all this, my mentality was completely shattered. This wave of market decline was truly outrageous, a completely irrational sell-off. Looking at this trend, if it weren’t for the profits from later stages offsetting the losses, this trade would have been a total loss.
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IronHeadMiner
· 15h ago
Greed really needs to be controlled. Wanting to add more at 50x, but ended up hitting a 20+ times limit down.
Haha, that's just me—refusing to sell at high levels.
The mentality can really be shattered; next time, I must set a proper take-profit line.
This kind of market is a test of human nature; most will end up crashing.
Profit is made, but the process is really damn torturous.
Can't hold on anymore; trying to bottom fish instead gets stopped out in the opposite direction, feeling that vibe.
Honestly, greed is always playing out; it all depends on who can survive until the end.
Scaling out at 50x is correct, just not fully executed.
Another story of greed to the end, but in the end, I still made it out alive.
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BearEatsAll
· 01-09 00:23
Greed can ruin a lifetime, brother. Being able to tolerate 30x gains but losing at 20x is truly outrageous mental resilience.
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So you're the type who wants to keep earning after making money, but ends up losing instead, right?
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Not selling at the top at 50x—that's the self-cultivation of a leek (retail investor).
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Wow, just watching this operation makes me feel sorry for you. You can even lose more when trying to cut losses.
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Basically, it's a lack of planning, relying solely on intuition. No wonder you're getting wrecked.
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It's a mindset issue, not a problem with the coin.
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Still wanting more at 50x? Oh my, greed truly is the original sin.
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Early exit to enjoy early, but you insist on earning that last dollar, and end up with nothing.
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Who’s to blame for the dump? The key is that you didn't take profits when you should have.
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This is called being able to make money but not to hold onto it—typical.
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CryptoNomics
· 01-07 07:50
honestly, your position sizing was statistically abysmal. if you'd actually run a basic monte carlo simulation on your exit strategy, you'd see the probability of getting caught bagholding was like 78% given those volatility parameters. but sure, blame "irrational panic selling" instead of your complete lack of risk management framework. classic retail behavior masked as market wisdom.
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GasWaster69
· 01-07 07:48
Greed harms people. If it's 30x, you should go all in, but you insist on waiting for 50x.
This is a typical human weakness; I've seen it too many times.
The bottom-fishing attempt directly backfired. Luckily, I didn't lose everything.
When I first acquired this coin, it was only 10x, then there was an 8x correction that scared me into almost cutting my losses. But then it skyrocketed to 50x, and I started gradually selling off from 30x. Honestly, I was feeling greedy at the time and only sold half. So what happened? It later dropped more than twenty times, and I finally cleared out the remaining holdings. Seeing the sharp decline midway, I thought about bottom fishing for a bargain, but I was stopped out by the stop-loss. I still made some profit, but after all this, my mentality was completely shattered. This wave of market decline was truly outrageous, a completely irrational sell-off. Looking at this trend, if it weren’t for the profits from later stages offsetting the losses, this trade would have been a total loss.