The recent market movements, to be honest, are a bit confusing. The price has been rising chaotically, with several sharp drops at high levels. I initially thought it was the main players offloading and dumping to escape, but they managed to pull it back each time. I was caught in this trap once; luckily, I only closed half of my position at that time, or the loss could have been worse.
After learning my lesson, I added more long positions, but this time I was smarter — as soon as I felt something was off, I immediately locked in my profits to protect myself. This move really saved my skin. Honestly, in such a strange market, instead of trying to guess the intentions of the main players, it's better to protect yourself first. Risk management always comes first; if your mindset and strategy can't keep up, even the best opportunities are useless.
Now, I’m just waiting for a safe exit, without greed or rush.
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The recent market movements, to be honest, are a bit confusing. The price has been rising chaotically, with several sharp drops at high levels. I initially thought it was the main players offloading and dumping to escape, but they managed to pull it back each time. I was caught in this trap once; luckily, I only closed half of my position at that time, or the loss could have been worse.
After learning my lesson, I added more long positions, but this time I was smarter — as soon as I felt something was off, I immediately locked in my profits to protect myself. This move really saved my skin. Honestly, in such a strange market, instead of trying to guess the intentions of the main players, it's better to protect yourself first. Risk management always comes first; if your mindset and strategy can't keep up, even the best opportunities are useless.
Now, I’m just waiting for a safe exit, without greed or rush.