Caught a quick bounce right after I entered the position, but the move felt premature. I'm holding tight to see some proper higher timeframe closes before making the next move. Here's the thing though—if Bitcoin closes green on the daily, I reckon we could be looking at real upside momentum building. Given the setup, I decided to cut this one for a small loss rather than sweat it out. Currently keeping it simple with just Bitcoin and Monero long positions on my radar. Sometimes knowing when to step back and wait for clearer signals makes all the difference.

BTC-3,89%
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
  • 10
  • Repost
  • Share
Comment
0/400
mev_me_maybevip
· 01-15 19:20
Stop loss, stop loss, that's the feeling.
View OriginalReply0
LiquidatedAgainvip
· 01-13 19:57
Got hit with a counterattack again? This rebound came back so quickly, I knew it wasn't that simple... The painful lesson of losing everything tells me that I can only go all in once the daily chart truly breaks above. For now, I still need to see how far the liquidation price level is.
View OriginalReply0
GateUser-e84b30c8vip
· 01-12 21:43
Hold tight 💪
View OriginalReply0
ZkSnarkervip
· 01-12 20:13
honestly the premature bounce thing hits different... well technically what you're describing is classic liquidity grab behavior, imagine if more people actually waited for htf closes instead of fomo-ing into every wick. respect the loss-taking though, in peer review we'd call that "disciplined risk management" but crypto twitter just says you didn't diamond hand hard enough lol
Reply0
AlwaysQuestioningvip
· 01-12 20:13
This rebound is indeed a bit early. I'm also waiting for the daily close before making any decisions.
View OriginalReply0
FOMOrektGuyvip
· 01-12 20:10
Cutting positions too quickly, huh? A bit cautious... but honestly, it's safer to wait for clearer signals, just worried about missing the bounce.
View OriginalReply0
TokenomicsPolicevip
· 01-12 20:04
It's a bit hard to accept taking a loss, but indeed, if the signal isn't clear, it's better to stay away for now.
View OriginalReply0
NestedFoxvip
· 01-12 19:58
Hmm... you've set a stop-loss, smart move. Don't fight the market.
View OriginalReply0
DegenWhisperervip
· 01-12 19:52
Smart people know how to cut losses. Instead of taking a gamble, it's more about living longer.
View OriginalReply0
GasSavingMastervip
· 01-12 19:50
It's wise to exit with a small loss; it's more comfortable than stubbornly holding on.
View OriginalReply0
View More
  • 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)