Recently, I heard a painful story from an old friend who trades, and it almost ruined his chances of making a comeback in the crypto market.
It all started when he followed the calls of a so-called analyst and went all-in on $COAI when the price had already surged to a high. He did make some money in the first few days, but he couldn’t bring himself to cash out. Then, as soon as the main funds pulled out, the price started to slowly drop. Occasionally, there’d be a small rebound that looked like a lifeline, but in reality, it was just a deeper trap. He watched helplessly as his account evaporated by over a hundred thousand, and he was completely numb.
When we met, he asked me what to do. I told him straight: don’t drag it out. The most expensive cost in crypto is time. Stubbornly holding onto a project that’s already collapsed is pure self-torture. He gritted his teeth and took the loss, with 130,000 left in his account.
Coincidentally, I was tracking the trend of $PIEVERSE at that time. The on-chain inflow data looked great, and it held firm at several key support levels. I told him to open a small long position around 0.25, set a stop loss, and bet on a rebound.
Unexpectedly, the coin moved fast—less than five hours later, it shot up from 0.25 to 0.6. We took profit as planned and pocketed 650,000 in profit. Even better, when the price pulled back to the 0.33 support, we went in again and made another 300,000 on the second wave. In less than a day, almost all his previous losses were recovered.
This might look like luck, but in reality, we just did three things right:
Cut your losses—When a coin's trend has turned bad, every extra second you hold is wasting bullets. Protecting your principal is your only shot at a comeback.
Spot the signals—The real opportunities for profit always have on-chain capital flow and solid technical support behind them.
Stick to discipline—Set your take-profit and stop-loss points in advance. When it’s time, get out. Greed will only make you give back what you’ve already earned.
After getting stuck in a losing position, holding on stubbornly in crypto is often worse than admitting your mistake and switching tracks. Pull your money out of the mud and invest it in a potential project, and you can recover even faster.
If you’re currently feeling lost, giving back your gains, or losing control when you’re down, it means you’re missing a reliable trading system. Finding the right method really saves you so much more energy than aimlessly struggling.
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LiquidityWitch
· 12-05 23:24
the way he got seduced by fake alpha signals then watched his bags turn to dust... classic liquidation sacrifice energy ngl. that whole "small positions + discipline" arc feels like brewing the right potion finally after mixing it wrong a thousand times. pieverse catching that support was lowkey beautiful alchemy tho, not gonna lie
Reply0
GatCrybto
· 12-04 08:43
Bullish market at its peak 🐂
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TokenomicsShaman
· 12-04 02:47
It sounds like a story, but in reality, it’s just gambling on luck.
Cutting losses is easy; what's truly difficult is recognizing when you should cut.
That PIEVERSE move was indeed insane, but trends like 0.25 to 0.6 happen every day in crypto. The key is whether you dare to get in.
Admitting losses and switching to another asset is indeed a way out, but most people simply can’t do it...
To be honest, if you’re buying blindly without a system, you’ll end up being the one getting rekt.
Talking about take profit and stop loss is simple, but when it comes time to execute, your hands start to shake.
Just listen to these stories and let them be. Don’t get so hyped that you go all in.
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GasFeeSurvivor
· 12-04 02:45
Sounds like a novel plot, but this is the reality of the crypto world.
Stop-loss really saves lives; otherwise, you just become a perpetual victim.
The key is discipline. I’ve suffered losses because of greed.
0.25 to 0.6, how did I miss this round?
You're right, time is the most expensive cost—don’t get tangled up with bad projects.
Is on-chain data reliable? How do you tell real signals from fake breakouts?
I've heard too many versions of this story, and the ending is always the same.
Cutting losses is the hardest decision; it’s a psychological barrier.
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MidnightMEVeater
· 12-04 02:40
Good morning, some late-night rambling at 3 AM.
This story is a classic sandwich—buying the top, waiting for salvation, and ultimately becoming prey in a liquidity trap. Your buddy didn’t actually lose because of a bad coin choice, but because he couldn’t bring himself to cut his losses at that crucial second.
Opportunity cost—this term hits the hardest in crypto. Behind those hundreds of thousands evaporating are actually dozens of sleepless nights and hundreds of self-torturous chart checks. It’s better to cut your losses decisively and save your capital as ammo for the next move.
That $PIEVERSE play was pretty solid, but what I’m more curious about is—how many people can really take profits with discipline? Greed is more lethal than a bear market; it’ll make you spit out the profits you’ve already bagged, handing them right back to the market makers.
That’s just the game for night owls—not lasting long isn’t about losing money, it’s about those who stubbornly cling to the same pit and refuse to move on.
View OriginalReply0
MEVHunter
· 12-04 02:29
To be honest, there’s nothing wrong with this logic, but most people just can’t pull it off.
Good on-chain data ≠ being able to sell at the top, and no matter how powerful your mempool monitoring is, you still can’t avoid sandwich attacks from whales. The key is still about finding that balance... when to be aggressive, and when to protect your principal—there’s just no way to quantify it.
What I actually fear most isn’t losses, but that feeling of being stuck in a bad project waiting for a rebound. The cost of time is honestly even more brutal than losing your principal.
Recently, I heard a painful story from an old friend who trades, and it almost ruined his chances of making a comeback in the crypto market.
It all started when he followed the calls of a so-called analyst and went all-in on $COAI when the price had already surged to a high. He did make some money in the first few days, but he couldn’t bring himself to cash out. Then, as soon as the main funds pulled out, the price started to slowly drop. Occasionally, there’d be a small rebound that looked like a lifeline, but in reality, it was just a deeper trap. He watched helplessly as his account evaporated by over a hundred thousand, and he was completely numb.
When we met, he asked me what to do. I told him straight: don’t drag it out. The most expensive cost in crypto is time. Stubbornly holding onto a project that’s already collapsed is pure self-torture. He gritted his teeth and took the loss, with 130,000 left in his account.
Coincidentally, I was tracking the trend of $PIEVERSE at that time. The on-chain inflow data looked great, and it held firm at several key support levels. I told him to open a small long position around 0.25, set a stop loss, and bet on a rebound.
Unexpectedly, the coin moved fast—less than five hours later, it shot up from 0.25 to 0.6. We took profit as planned and pocketed 650,000 in profit. Even better, when the price pulled back to the 0.33 support, we went in again and made another 300,000 on the second wave. In less than a day, almost all his previous losses were recovered.
This might look like luck, but in reality, we just did three things right:
Cut your losses—When a coin's trend has turned bad, every extra second you hold is wasting bullets. Protecting your principal is your only shot at a comeback.
Spot the signals—The real opportunities for profit always have on-chain capital flow and solid technical support behind them.
Stick to discipline—Set your take-profit and stop-loss points in advance. When it’s time, get out. Greed will only make you give back what you’ve already earned.
After getting stuck in a losing position, holding on stubbornly in crypto is often worse than admitting your mistake and switching tracks. Pull your money out of the mud and invest it in a potential project, and you can recover even faster.
If you’re currently feeling lost, giving back your gains, or losing control when you’re down, it means you’re missing a reliable trading system. Finding the right method really saves you so much more energy than aimlessly struggling.