0xSun
0xSun|Nov 05, 2025 01:07
It's been a long time since a trade left me this frustrated. Yesterday, I saw the news about Binance supporting donation fees, started chasing at 90, and honestly, my expectations were pretty straightforward. With something like this, CZ would definitely tweet about it. So as the price dropped, I kept adding to my position, eventually buying over 40,000 tokens at an average price of 82. Not long after, CZ did tweet, but his statement was super vague. Instead of the price going up, it dropped further. This made me realize that the market's liquidity and sentiment are nowhere near what they used to be. But based on my trading style, I usually don't cut losses easily, so I didn't sell immediately. The reason I eventually chose to stop-loss was because of the rebound from 60 to 75—it couldn't hold and started a slow downward trend again. The movement was just too weak, and the overall market looked shaky. After some consideration, I closed the position at an average price of 60. And then, just like that, the next day when I woke up, I saw Binance had posted another piece of news about burning tokens. CZ and Yi Jie tweeted back-to-back, and the price shot up from 50 to 120 in one go. Honestly, it might have just been the difference in the content of one tweet that made the result of this trade differ by 2M. Saying I'm not frustrated would be a lie. This kind of news-driven trading scenario is something I'm really good at and has brought me a lot of profits in the past. Even if I could redo it a hundred times, I would still make the same decision. Plus, after I stopped out at 60, the price continued to drop all the way to 47. So if you say I made a huge mistake, it doesn't really seem like it. I also don't blame anyone else or the market for this loss—this time, luck just wasn't on my side. In the first half of the year, I was mostly resting and traveling. Over the past three months, I felt the market was improving, so I came back and went all in. I often stayed home for a week straight, sleeping only five to six hours a day. After clearing out my long positions on 10.13, even though I took some hits from bottom-fishing BTC and this trade, the overall results are still satisfying enough. Right now, the market is full of all kinds of crazy coins, and the difficulty has clearly increased. It's time to shift back to a more relaxed state—watch more, act less. In the short term, aside from slowly accumulating BTC and Hype for long-term positions, I'll try to avoid high-risk operations. Instead, I'll focus more on stable projects like Stable, Arc, and Tempo to preserve capital. Not losing is winning.
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