After being in this circle for a long time, seeing altcoins suddenly plummet has become a common occurrence. The dumping of projects like LIGHT is less of a Black Swan Event and more of a 'regular feature' for small market capitalization coins—short cycles, rapid changes, and in the end, there are only two outcomes: either a sideways trend with a slight fall, or a complete wipeout.
To put it bluntly, most people can't make money on these types of coins. You think you're playing with technical analysis, but in fact, you're just racing against the market makers and traders. Whoever runs faster survives, it's that simple and brutal.
The current altcoin market is actually quite fragile. Occasionally, a few strong bullish candles can stir people's emotions, but the foundation underneath is not solid. At times like this, chasing highs with a full position is simply self-destructive. My current strategy is 'more observation than action' — the vast majority of funds are sitting idle, with only a small amount of energy devoted to tracking a few potential targets. It’s not about rushing to enter the market, but rather waiting — waiting for the current wave of sentiment to be fully released and for the market to provide clearer directional signals. Opportunities are always abundant; the challenge lies in being able to hold back and not act when everyone else is eager to jump in.
Take a certain asset that surged recently as an example. Early on, it was bought at a price of over 1, and now it has quadrupled. If you haven't sold yet, you can take a look at the changes in the trend line. The good meat has already been eaten, and the tail end can be quite painful; there's no need to be greedy to the end.
I would like to shift the focus towards the inscription sector. This area has been stagnant for quite a while, and market psychology and cyclical movements may be brewing the next wave of trends. I believe some quality projects will have good potential for growth, but the premise is that this is still a high-risk territory, and position sizes must be strictly controlled along with the execution of stop-losses.
Still, I want to emphasize that statement: Opportunities are hard to come by in a bear market, and there are plenty of stories of explosive growth in a bull market, but those who can truly pocket profits are often those with clear plans and disciplined execution. Don't let the noise of the market disrupt our rhythm; let's take it slow.
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GasFeeSurvivor
· 8h ago
You've said it perfectly, I'm already tired of the Full Position chasing the price, a bunch of people are going to be buried.
Damn, I really have no surprises about this dumping from LIGHT.
Watching from the sidelines is indeed comfortable, but it depends on how long one can hold out.
Even after a 4x increase, still being greedy for the bottom, such people deserve to be played people for suckers.
I'm also following the inscription part, but there are really not many who dare to go all in.
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RetroHodler91
· 8h ago
You're absolutely right, going in full position and chasing the price is indeed self-destructive. Those who are still in a frenzy of FOMO are just waiting to be played for suckers.
I've long seen through it; alts are just a playground for market makers, while retail investors are just giving away their money.
I'm also keeping an eye on inscriptions, but I need to wait until the emotions are fully vented before making a move. Too many people are gambling right now.
The key is self-restraint; this is more important than any Technical Analysis. Many people fall to their demise due to greed.
It's definitely time to stop feasting on 4x gains; don't wait until you lose and feel aggrieved while trapped inside.
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BankruptWorker
· 8h ago
This guy is right, the LIGHT situation is just a common operation in this circle, I've gotten used to it.
Chasing the price with a Full Position is indeed foolish, I'm also waiting for this wave of emotions to pass before making a move.
I'm keeping an eye on inscriptions as well, but I still need to manage my stop loss properly, or I'll lose everything if I'm not careful.
Once the good meat is in my mouth, I have to run; the tail end can be really tricky.
I'm just afraid that I'll get itchy hands again, that's the biggest enemy haha.
Let's wait and see if clearer opportunities come up; anyway, there's no rush to make money right now.
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nft_widow
· 8h ago
You're absolutely right, alts are the suckers' harvesting machines. I also lost money on LIGHT before...
Chasing the price is like giving away money, now is the time to stay calm and observe.
It's really foolish to still be greedy at the bottom after it has quadrupled; just make money and run.
I'm also watching the inscription zone, just afraid it will be another round of Be Played for Suckers...
Those who always make money are the ones who don't move, really.
View OriginalReply0
metaverse_hermit
· 8h ago
To be honest, seeing LIGHT drop like this made me laugh, such is the fate of small coins.
It’s really just a race against the market makers, whoever is faster survives.
Now I’m basically lying flat, waiting for emotions to completely vent before making any moves.
After a 4x return, wanting to hold for the bottom is indeed risky, it's better to take profits when you can.
I’m also following the inscriptions, but risk has to come first.
What I fear the most is chasing the price with a full position, losing it all in a moment of excitement.
Take it slow, don’t rush, there are plenty of opportunities in the market.
After being in this circle for a long time, seeing altcoins suddenly plummet has become a common occurrence. The dumping of projects like LIGHT is less of a Black Swan Event and more of a 'regular feature' for small market capitalization coins—short cycles, rapid changes, and in the end, there are only two outcomes: either a sideways trend with a slight fall, or a complete wipeout.
To put it bluntly, most people can't make money on these types of coins. You think you're playing with technical analysis, but in fact, you're just racing against the market makers and traders. Whoever runs faster survives, it's that simple and brutal.
The current altcoin market is actually quite fragile. Occasionally, a few strong bullish candles can stir people's emotions, but the foundation underneath is not solid. At times like this, chasing highs with a full position is simply self-destructive. My current strategy is 'more observation than action' — the vast majority of funds are sitting idle, with only a small amount of energy devoted to tracking a few potential targets. It’s not about rushing to enter the market, but rather waiting — waiting for the current wave of sentiment to be fully released and for the market to provide clearer directional signals. Opportunities are always abundant; the challenge lies in being able to hold back and not act when everyone else is eager to jump in.
Take a certain asset that surged recently as an example. Early on, it was bought at a price of over 1, and now it has quadrupled. If you haven't sold yet, you can take a look at the changes in the trend line. The good meat has already been eaten, and the tail end can be quite painful; there's no need to be greedy to the end.
I would like to shift the focus towards the inscription sector. This area has been stagnant for quite a while, and market psychology and cyclical movements may be brewing the next wave of trends. I believe some quality projects will have good potential for growth, but the premise is that this is still a high-risk territory, and position sizes must be strictly controlled along with the execution of stop-losses.
Still, I want to emphasize that statement: Opportunities are hard to come by in a bear market, and there are plenty of stories of explosive growth in a bull market, but those who can truly pocket profits are often those with clear plans and disciplined execution. Don't let the noise of the market disrupt our rhythm; let's take it slow.