After more than a month of trading, I woke up this morning to find that my profits from a few days ago had been cut in half. Looking back at yesterday's candlestick, it now appears to be the bottom. At this point, I start to hesitate—should I hold my position or not? Experience tells me that Bitcoin's decline is never a straight line; there are always rebounds in between. These rebounds are often good opportunities to short at higher levels. The problem is, if your account size is small, waiting costs too much, and the time cost can be unbearable. But on the other hand, having a large amount of capital doesn't necessarily mean making money; losses can be just as severe. Both big and small traders seem to be on the same boat, just with different psychological resilience. My mind is a bit chaotic right now, with two thoughts fighting each other.
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ZeroRushCaptain
· 7h ago
Hi there, once again a story of a new rookie discovering that they got wrecked on the "waiting cost" hurdle. I can already feel the joy of being cut in half the moment you open your eyes in the morning.
Bottom support? Bro, the bottom thing is just like promises in the crypto world—if it says it’s there, it’s there; if it says it’s not, then it’s not. Shorting during a rebound sounds really appealing, but the ones I’ve seen truly willing to do so have already been wiped out.
The size of the funds is just a smokescreen; honestly, it’s all a psychological game—big players are confident because they can afford to lose, retail investors panic because that’s all they have. Same boat? We’re all on this cruise ship called the ATM card, and in the end, we all sink.
It’s good to be confused—that means you haven’t fully grasped the essence of the crypto world yet. I suggest you keep dwelling on this dilemma; that’s how experience is built.
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DeFiChef
· 14h ago
Profit shrinking, this feeling is really incredible. The moment I open my eyes in the morning, my mindset collapses immediately.
Waiting for a rebound to short at high points sounds simple, but in practice, it's a torment.
Having a small account really tests psychological resilience. Even big traders don't fare much better when they lose.
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ZKSherlock
· 15h ago
actually... the whole "hodl vs trade" paralysis you're describing? it's not really a market timing problem, it's a risk modeling failure. you're conflating position sizing with psychological capacity, which are mathematically independent variables—totally different trust assumptions at play here
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WalletDivorcer
· 15h ago
Haha, this is just the daily life of trading. The feeling of having a beautiful dream shattered in the morning is really uncomfortable.
Having a small account really means being pulled around, and the time cost is just too much to bear.
But on the other hand, big players also lose and have their mental breakdowns. Sometimes, they might even be faster than us at running away.
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TokenToaster
· 15h ago
The feeling of profit shrinking is really tough, I understand that kind of dilemma. But to be honest, it's only been a little over a month, and you're already worried about your position, isn't that a bit early?
Wait, are you sure that needle and thread you mentioned are really the bottom, or are you going to poke it again?
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DeepRabbitHole
· 15h ago
This is true agony; the moment profits shrink, it's really despairing.
Just one month into the market, I've been repeatedly educated, and it's quite tough.
Hold or not? That's the question... When the rebound comes, I want to buy the dip and also want to short, but in the end, nothing gets done.
Having a small amount of capital is just so awkward; I really can't afford the time cost.
Honestly, big players also lose heavily; we just have a mental breakdown first.
After more than a month of trading, I woke up this morning to find that my profits from a few days ago had been cut in half. Looking back at yesterday's candlestick, it now appears to be the bottom. At this point, I start to hesitate—should I hold my position or not? Experience tells me that Bitcoin's decline is never a straight line; there are always rebounds in between. These rebounds are often good opportunities to short at higher levels. The problem is, if your account size is small, waiting costs too much, and the time cost can be unbearable. But on the other hand, having a large amount of capital doesn't necessarily mean making money; losses can be just as severe. Both big and small traders seem to be on the same boat, just with different psychological resilience. My mind is a bit chaotic right now, with two thoughts fighting each other.