it's just normal to use cold money for crypto, usually not using personal money, and if there's a good profit, it's really great wkwkwk good$##JoinGrowthPointsDrawToWiniPhone17

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Layer3Dreamervip
#美SEC推动加密创新监管 I have observed too many people losing money in the crypto world, and I have found a particularly common problem —

It dropped, and I can't bear to sell.

Always thinking in my heart: wait for a rebound before selling.

Dropped two points today? No problem, let's see tomorrow. Dropped three more points tomorrow? Maybe we should wait a bit longer. Finally pulled back a little bit, immediately starting to fantasize: let's wait a bit longer, maybe we can break even.

Just wasting time like this.

By the time you realize, it has already dropped by dozens of points, the profits you made earlier are long gone, and you've also lost a large chunk of your principal.

This is not trading, it's gambling. If you don't set a stop loss, no matter how good your market sense is, a single mistake is enough to bring you back to square one.

How do those traders who really live long do it? They break expectations, walk away directly, admit their mistakes and start over, without so much entanglement.

I am the same way. Unless I am very sure and the long-term logic is solid for the asset, I definitely will not increase my position as it drops.

Before opening a position each time, the stop-loss level must be thought out clearly. Otherwise, a single mistake could be a fatal blow.

Trading is about long-term survival. If you want to establish a foothold in the market, stop fantasizing about "it will always bounce back after a drop."

Every order must have a plan and discipline, rather than staring at the candlestick chart and praying for a miracle.

If you also want to figure out how to protect your principal and reduce being stuck, I have a set of practical stop-loss logic and operational rhythm that I can discuss with you...
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