Last August, I experienced something quite dramatic. A friend from Shanghai showed me his account—his ETH and SOL long positions were floating a loss of over $1 million USDT.
He asked me if he should cut his losses, and I could tell he was panicking. To be honest, his entry point wasn’t ideal; he basically bought at the top of a consolidation range. But after carefully analyzing the candlestick patterns, I felt the trend structure wasn’t completely broken yet, so I advised him not to rush to sell at a loss.
As it turned out, the market did rebound. We closed out at a relatively high point—not only did we avoid losses, we actually made over $500,000 USDT in profit. After that, he told me he’d follow my lead in the future, since he always felt uncertain when trading on his own.
Since then, we’ve researched quite a few opportunities together. Lately, we’ve been focusing on COAI, MYX, and similar assets, which have all performed pretty well. Our timing has been solid and the capital has grown quickly. His main account assets have now surpassed $20 million USDT, and he’s also kept 30 BTC in his spot account as a base position, while using the rest of the funds to seek new opportunities as planned.
I’m not sharing this to brag—everyone makes mistakes in the market. The key isn’t whether you make mistakes, but how you handle them afterward. Some people panic and cut their losses, some stubbornly hold to the end, and some can stay calm and find ways to recover. You can never earn all the money, but losing it all can happen in an instant.
If you’re also feeling anxious about floating losses right now, or want to find a relatively stable holding strategy, let’s talk. Steady and methodical is the way to go further.
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AirdropHunter007
· 1h ago
Over a million in unrealized losses and still no cut loss, this guy's mental resilience is really impressive.
Truly profitable people are like this, not because they predict the market correctly, but because they endure the most anxious days.
Honestly, looking at candlestick charts too much doesn't help much; the key is having someone to guide you.
But to be honest, I've heard too many stories of "follow me to make money"...
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NftRegretMachine
· 7h ago
A floating loss of 1 million U can't be held without selling, which is indeed a challenge; strong mental resilience is required.
View OriginalReply0
GasFeeSobber
· 17h ago
You're right, mindset is indeed the most important factor.
View OriginalReply0
RetiredMiner
· 12-09 08:56
Seeing this reminds me of several scary moments I had last year. Honestly, mindset really is the most important thing.
View OriginalReply0
GasWaster
· 12-09 08:55
Over $1 million in unrealized losses and still able to bounce back—this level of mental resilience is truly impressive.
View OriginalReply0
SignatureDenied
· 12-09 08:54
Being able to hold on without cutting losses despite seeing a floating loss of over a million really takes psychological strength.
View OriginalReply0
TokenomicsTrapper
· 12-09 08:53
honestly this reads like classic exit pump pattern... friend panic sells bottom, then suddenly "calls the top" on the bounce? textbook greater fool theory dressed up as wisdom. also ngl if you're actually reading this and thinking "yeah i should follow someone else's timing" — that's how you get liquidated faster. actually if you read the contract on COAI you'd see the vesting unlocks incoming lol
Reply0
BTCBeliefStation
· 12-09 08:47
I've heard this theory a lot, but what's crucial is still how the actual market reacts.
View OriginalReply0
LiquidationWatcher
· 12-09 08:28
You think just by looking at the candlestick chart you know not to sell at a loss? This guy’s impressive. Honestly, it’s rare to see someone who buys at the absolute peak and still manages to bounce back.
Last August, I experienced something quite dramatic. A friend from Shanghai showed me his account—his ETH and SOL long positions were floating a loss of over $1 million USDT.
He asked me if he should cut his losses, and I could tell he was panicking. To be honest, his entry point wasn’t ideal; he basically bought at the top of a consolidation range. But after carefully analyzing the candlestick patterns, I felt the trend structure wasn’t completely broken yet, so I advised him not to rush to sell at a loss.
As it turned out, the market did rebound. We closed out at a relatively high point—not only did we avoid losses, we actually made over $500,000 USDT in profit. After that, he told me he’d follow my lead in the future, since he always felt uncertain when trading on his own.
Since then, we’ve researched quite a few opportunities together. Lately, we’ve been focusing on COAI, MYX, and similar assets, which have all performed pretty well. Our timing has been solid and the capital has grown quickly. His main account assets have now surpassed $20 million USDT, and he’s also kept 30 BTC in his spot account as a base position, while using the rest of the funds to seek new opportunities as planned.
I’m not sharing this to brag—everyone makes mistakes in the market. The key isn’t whether you make mistakes, but how you handle them afterward. Some people panic and cut their losses, some stubbornly hold to the end, and some can stay calm and find ways to recover. You can never earn all the money, but losing it all can happen in an instant.
If you’re also feeling anxious about floating losses right now, or want to find a relatively stable holding strategy, let’s talk. Steady and methodical is the way to go further.