Seeing such an account floating with unrealized losses is truly suffocating. The entry price was 33.98, now it has dropped to 4.33, with a paper loss of -3422.99%. Many people at this point would ask: Is there a way to turn this situation around? Honestly, from a mathematical perspective, there’s basically no hope.
To get back to the cost price, this coin would need to surge over 680%. In the current ongoing decline environment, frankly, it’s like waiting for a miracle with extremely low probability.
Some might think: "What if I close the position now and it rebounds?" Let’s calmly do the math. Suppose you close at $4.5, you’d recover about 1% of the original funds. Even if the price doubles later to $9, that 1% won’t fill this huge gap. This isn’t about betting on an opportunity; it’s about guarding a pile of ruins while also risking further devaluation or even going to zero.
So, the smartest thing you can do now is to cut your losses decisively. This isn’t giving up; it’s using this expensive lesson to adopt a trading principle that can help you survive long-term. The real difference between experts and beginners is this — everyone pays tuition, but some learn from it and survive, while others get repeatedly cut and ultimately leave in regret.
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BlockImposter
· 6h ago
Alright, fine. You're right. Stubbornly holding on will only lead to death.
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OnchainHolmes
· 6h ago
This wave of losses is truly suffocating, but to be honest, closing positions is the only way out; otherwise, it's just gambling on ghost stories.
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GasFeeCrier
· 6h ago
That's very true. Sometimes, cutting losses is the best way to take profits. Holding onto a bad hand and hoping for a turnaround is really just a gambler's mentality.
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NftDeepBreather
· 6h ago
Every time I see these numbers, I have to take a deep breath... It hits hard.
Seeing such an account floating with unrealized losses is truly suffocating. The entry price was 33.98, now it has dropped to 4.33, with a paper loss of -3422.99%. Many people at this point would ask: Is there a way to turn this situation around? Honestly, from a mathematical perspective, there’s basically no hope.
To get back to the cost price, this coin would need to surge over 680%. In the current ongoing decline environment, frankly, it’s like waiting for a miracle with extremely low probability.
Some might think: "What if I close the position now and it rebounds?" Let’s calmly do the math. Suppose you close at $4.5, you’d recover about 1% of the original funds. Even if the price doubles later to $9, that 1% won’t fill this huge gap. This isn’t about betting on an opportunity; it’s about guarding a pile of ruins while also risking further devaluation or even going to zero.
So, the smartest thing you can do now is to cut your losses decisively. This isn’t giving up; it’s using this expensive lesson to adopt a trading principle that can help you survive long-term. The real difference between experts and beginners is this — everyone pays tuition, but some learn from it and survive, while others get repeatedly cut and ultimately leave in regret.