The trading review of the past week has been quite good, with a profit of $6000 from a single transaction.
The weekend market is relatively quiet, which instead provides a lot of time to discern—exactly which cryptocurrencies can maintain resilience in an environment of shrinking trading volume. Upon observation, it is found that many altcoins seem to surge, but in fact, most are sudden "spike" movements. On the surface, opportunities seem plentiful, but is it really time to get in? The requirements for entry points are absurdly high; chasing the price easily leads to being trapped, and high-position short positions can also backfire, making any maneuver uncomfortable.
This is why I have always insisted on two things: laying out positions at key support levels and strictly controlling the risk-reward ratio. What is needed is more patience, not frequent fighting. The good news is that market volatility is better than a stagnant pool. The focus now is to lock in on those assets that have independent trends and can withstand the impact of the market, waiting for opportunities.
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ShamedApeSeller
· 7h ago
6000 bucks is not bad, but the current alts really have more pitfalls than opportunities, better run from the Long Wick Candle quickly.
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ReverseFOMOguy
· 7h ago
Ah, this week I was tricked again by the long wick candle of altcoins; I almost caught a falling knife at a high position, but fortunately, I wasn't greedy. Securing a profit of 6000 dollars is better than getting liquidated from chasing the price every day.
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AirdropChaser
· 7h ago
6000 dollars in hand is indeed nice, but this weekend those alts' "Long Wick Candle" were really sneaky, it's so easy to get trapped.
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FarmHopper
· 7h ago
6000 dollars a week, this rhythm is not bad, but I still feel like those alts are just playing tricks, the Long Wick Candle scams are getting old.
Wait, you said to strictly control the profit-loss ratio, but why do I feel like my mind is not clear when I'm chasing the price?
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ShitcoinConnoisseur
· 7h ago
6000 dollars in profit is not bad, but it looks like your logic is the same as mine - alts are just a trap right now, with Long Wick Candle play people for suckers happening every day, chasing the price is really boring.
The trading review of the past week has been quite good, with a profit of $6000 from a single transaction.
The weekend market is relatively quiet, which instead provides a lot of time to discern—exactly which cryptocurrencies can maintain resilience in an environment of shrinking trading volume. Upon observation, it is found that many altcoins seem to surge, but in fact, most are sudden "spike" movements. On the surface, opportunities seem plentiful, but is it really time to get in? The requirements for entry points are absurdly high; chasing the price easily leads to being trapped, and high-position short positions can also backfire, making any maneuver uncomfortable.
This is why I have always insisted on two things: laying out positions at key support levels and strictly controlling the risk-reward ratio. What is needed is more patience, not frequent fighting. The good news is that market volatility is better than a stagnant pool. The focus now is to lock in on those assets that have independent trends and can withstand the impact of the market, waiting for opportunities.