Successfully closed BCH short position and gained $1500, then immediately opened a long position on Ethereum to chase the high, but it was a rollercoaster. The price repeatedly tugged at key levels, with intense short-term volatility, obvious market selling pressure, and heavy pressure on the bulls. In this kind of market, with frequent whipsaws, the account's capital is gradually drained little by little.

BCH1,73%
ETH0,28%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • Repost
  • Share
Comment
0/400
SerumDegenvip
· 48m ago
classic cascade effect right there — caught the top on eth like clockwork, didn't you? the whipsaw at support always finds the weak hands first
Reply0
retroactive_airdropvip
· 1h ago
Chasing highs is really the first lesson in life The U that just got in is about to be spit out again, this wave of cutting is quite fierce Why can't I just fix the bad habit of chasing highs Back and forth tug-of-war, my position is also shaking In this kind of market, just surviving is already a win
View OriginalReply0
FOMOrektGuyvip
· 20h ago
This round of cutting losses is really incredible. Shall we go bottom-fishing together? I've also tried chasing highs before, and I'm still waiting in the hospital for an appointment. The feeling of your health bar being emptied—that's what it feels like. It's typical to make a profit and then lose it, ending up losing even more. That's my style. Ethereum really played me this time. The little profit I made from shorting has all been wiped out. The bulls are really suffering. They've been hammered hard this time, and I am also a victim.
View OriginalReply0
SmartContractDivervip
· 20h ago
Chasing highs is the worst, and this loss is well-deserved A huge loss is imminent, what are you still thinking about? The joy of 1500U was gone in just two days The key levels repeatedly tugged back and forth, I knew it was over The bulls are really being suppressed, it's heartbreaking In this kind of market, you should be out of the market, but you insist on jumping in The account is crying, and I am reflecting Chasing highs is always a trap, every time I jump in Short-term cutting is not about making money, it's about risking your life Ethereum's recent performance is really disgusting
View OriginalReply0
consensus_failurevip
· 21h ago
Damn, got cut again. This is the consequence of chasing highs. That's how the crypto world is—trying to make quick money often results in quick losses. The most disgusting part is the repeated tug-of-war at key levels; it's impossible to see through. Putting in 1500U and only having half left would be good. Ethereum has been really expensive these days; chasing the high takes real courage. During the blood bath phase, just go all in cash; there's no need to chase. In this kind of market, I choose to lie flat and watch the show. Feels like the entire market is draining retail investors' blood.
View OriginalReply0
LightningWalletvip
· 21h ago
This is a typical case of making a profit and then losing it, chasing highs will never lead to good results. Once you get in, you want to keep trading, but end up being repeatedly cut, it's no wonder you're distressed. This wave of market movement looks really strange, repeatedly tugging at key levels is just cutting the leeks. Human greed, huh? Making $1500 and thinking it's not enough, wanting to double it on ETH. Now look at the situation. In fact, stop-loss is really difficult, but being bloodsucked back and forth like this is even more painful. With such fierce short-term fluctuations, isn't it better to honestly wait for opportunities? Watching your account bleed little by little, it feels worse than losing money itself. That's why I don't dare to chase highs now; the last lesson is still vivid in my mind.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)