The hardest part of a bull market isn’t missing out on opportunities—it’s when the coins you sold too early go on a crazy run and keep showing up on the leaderboard every day, taunting you. If you know, you know.
After 8 years in the crypto space, there are always two things on my desk: my trading dashboard and a yellowed sticky note with four words: “Panic and you’re done.” Under the sticky note is a screenshot of an old trade—selling a major coin at $0.15, only to watch it climb to $3 later. I printed out that nearly vertical K-line and pinned it next to my screen to remind myself every day not to make the same dumb mistake again.
Retail investors in a bull market are like seeds blown by the wind—any market fluctuation and they panic, drifting all over the place. I used to be the same: as soon as a platform token doubled, I panicked and sold everything, only to watch it go up another five times; mustered the courage to chase a hot concept coin, but the first little red candle had me yelling “just break even and I’m out,” only to see it run up seven green candles in a row after I sold.
After paying my dues countless times, I reviewed all my trading records and sorted out a few “counter-intuitive trading rules.” In last year’s wild swings, my account’s equity curve went from looking like an EKG to steadily climbing. Today, I’m sharing my experience.
**Rule #1: Wait for the signal, don’t chase blindly**
I have a strict rule now: no matter how hyped the market is, if the price hasn’t held above the 120-day moving average, I just watch from the sidelines. I even changed my trading app’s alert sound to say “Wait a bit longer.” Every time I get the itch to FOMO in, that sound is like an old friend reminding me, “Bro, chill out.”
This method seems clumsy, but it really works. When ETH went from $2,000 to $2,800, a bunch of people in the group chased the rally shouting “all aboard!” I waited for it to pull back and hold the moving average before scaling in. Sure, I made a bit less, but at least I didn’t get wiped out by the next correction. Moving averages aren’t magic, but they filter out 90% of emotional decisions.
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SerLiquidated
· 17h ago
Oh no, you've hit the sore spot again. I also need to post a yellowed sticky note.
Coins that have been cut by 3 pieces, I don't even want to look at the K-line now. Watching the leaderboard every day feels like self-punishment.
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GetRichLeek
· 22h ago
0.15 cut to $3, this candlestick must be nailed to my screen for a lifetime... Now I only dare to watch below the 120-day moving average, preferring to earn less rather than get trapped.
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gas_fee_therapist
· 12-10 09:54
The story of the 0.15 cut-up rising to $3 is really incredible. I am now living in that kind of PTSD, and every time I look at the top gainers, I have to take a deep breath.
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ChainMaskedRider
· 12-09 22:47
Cutting losses at 0.15 and then it rises to 3 dollars—the psychological shadow from that must be huge... Just watching it makes me feel bad for him. He must be staring at that K-line in regret every day now.
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CounterIndicator
· 12-09 22:35
Cutting losses at 0.15 and then it rises to 3 dollars, this is a nightmare for me.
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HackerWhoCares
· 12-09 22:34
Cutting losses at 0.15 and then seeing it rise to 3 dollars—that's gotta hurt. I'm the same kind of person.
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liquiditea_sipper
· 12-09 22:22
Really, that kind of feeling can drive you crazy. Watching it go up every day while I'm just on the sidelines spectating...
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Cutting losses at $0.15, that really broke me. That's just my daily life.
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The 120-day moving average strategy really works. It's way more rational than my previous reckless moves.
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I should tattoo "Don't panic" on my forehead. Every time I get itchy hands, I regret it.
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I got burned in that ETH wave too. Now I've learned to stick to the moving average and wait for signals.
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Honestly, I never thought about entering in batches before. I'll try that next time.
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That ECG-like net value curve is too real. It's painful to look at.
The hardest part of a bull market isn’t missing out on opportunities—it’s when the coins you sold too early go on a crazy run and keep showing up on the leaderboard every day, taunting you. If you know, you know.
After 8 years in the crypto space, there are always two things on my desk: my trading dashboard and a yellowed sticky note with four words: “Panic and you’re done.” Under the sticky note is a screenshot of an old trade—selling a major coin at $0.15, only to watch it climb to $3 later. I printed out that nearly vertical K-line and pinned it next to my screen to remind myself every day not to make the same dumb mistake again.
Retail investors in a bull market are like seeds blown by the wind—any market fluctuation and they panic, drifting all over the place. I used to be the same: as soon as a platform token doubled, I panicked and sold everything, only to watch it go up another five times; mustered the courage to chase a hot concept coin, but the first little red candle had me yelling “just break even and I’m out,” only to see it run up seven green candles in a row after I sold.
After paying my dues countless times, I reviewed all my trading records and sorted out a few “counter-intuitive trading rules.” In last year’s wild swings, my account’s equity curve went from looking like an EKG to steadily climbing. Today, I’m sharing my experience.
**Rule #1: Wait for the signal, don’t chase blindly**
I have a strict rule now: no matter how hyped the market is, if the price hasn’t held above the 120-day moving average, I just watch from the sidelines. I even changed my trading app’s alert sound to say “Wait a bit longer.” Every time I get the itch to FOMO in, that sound is like an old friend reminding me, “Bro, chill out.”
This method seems clumsy, but it really works. When ETH went from $2,000 to $2,800, a bunch of people in the group chased the rally shouting “all aboard!” I waited for it to pull back and hold the moving average before scaling in. Sure, I made a bit less, but at least I didn’t get wiped out by the next correction. Moving averages aren’t magic, but they filter out 90% of emotional decisions.