This round of decline has been incredibly smooth, with no resistance at all. Bitcoin broke through 8900 just like that, and Ethereum also easily fell below 3000.
The most ironic thing is that wave of unlimited rise — where it came from, it will ultimately return to. Frankly speaking, if you still hold the short positions you took this morning, a profit of 2000 points is right in front of you, and on the Ethereum side, 100 points is almost a freebie.
But what I want to say here is that truly profitable traders never rely on luck. You need a complete trading system; everyone who has chased rallies or sold on dips knows that this is called self-imprisonment. No matter how many wrong paths you take, you won't reach your destination. If your thinking is wrong, no matter how much effort you put in, it's just pointless tinkering.
The market is always testing your cognition and discipline.
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ChainComedian
· 5h ago
Damn, it's the same old system theory again, I'm tired of hearing it. Those who are really making money have already quietly gotten rich, so where do they have so much time to teach others?
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blocksnark
· 5h ago
Oh no, it's that kind of rapid decline again, truly defenseless.
Had I known the bears would be so relentless, I should have just held on. Now it's too late to regret; the market loves to play these tricks on us.
But to be honest, I increasingly feel that having just a good sense isn't enough; you need to have your own strategies, or you'll just be cannon fodder.
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ContractFreelancer
· 5h ago
It's not like I haven't seen this before. This kind of unlimited decline is just a trap to lure in buyers before a rebound, then cut again.
Alright, alright, the system, the system. It's easy to talk about, but how many can really stick with it?
If I had known earlier, I wouldn't have sold. But now, it's all too late to say anything.
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CoconutWaterBoy
· 5h ago
That's true, but on the other hand, how many people can really stick to their own system? Most just talk a good game.
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rug_connoisseur
· 5h ago
Another such market situation. Those who are bearish should have already entered the market. Unfortunately, I hesitated again yesterday.
This round of decline has been incredibly smooth, with no resistance at all. Bitcoin broke through 8900 just like that, and Ethereum also easily fell below 3000.
The most ironic thing is that wave of unlimited rise — where it came from, it will ultimately return to. Frankly speaking, if you still hold the short positions you took this morning, a profit of 2000 points is right in front of you, and on the Ethereum side, 100 points is almost a freebie.
But what I want to say here is that truly profitable traders never rely on luck. You need a complete trading system; everyone who has chased rallies or sold on dips knows that this is called self-imprisonment. No matter how many wrong paths you take, you won't reach your destination. If your thinking is wrong, no matter how much effort you put in, it's just pointless tinkering.
The market is always testing your cognition and discipline.