The short-term chart looked a bit awkward at the time, and I purely went for a bottom-fishing strategy on the left side—the daily level did have some rebound potential. In the end, it jumped 10 points that day and I closed out all my positions. Looking back now, the cost price of 320 is almost touching 400...
To put it bluntly, it’s all because of leverage. Using leverage makes you more anxious about gains and losses—once you make a little profit, you just want to cash out, so how could you possibly hold on? With spot positions, maybe I’d have already been lying flat, but with leveraged positions, the moment there’s some floating profit, I get itchy hands.
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MeaninglessApe
· 10h ago
Leverage really is a devil. When you make a profit, you just want to run, but looking back, you regret it so much it hurts.
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AirdropDreamBreaker
· 12h ago
Leverage really is the devil. Getting itchy hands is the beginning of losses.
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SilentObserver
· 12-05 06:43
Leverage really is the devil. As soon as I make a little profit, I want to bail, and end up missing out on the big gains.
If I’d known earlier, I would’ve just held spot and avoided all this mental struggle.
This is the price of greed. Getting from 320 to 400 isn’t really hard, it’s just a matter of not losing your nerve.
Same here—whenever I have unrealized gains, I want to cash out, and every time I end up earning only half as much.
ZEC’s price action is definitely a bit of a trap, but the main issue is still mindset.
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FromMinerToFarmer
· 12-05 06:38
Leverage really is the devil. I run after making just 10 points, then look back and see I missed out on 400—it's so frustrating.
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MetaMuskRat
· 12-05 06:33
Leverage really is poison; if you make quick money, you'll lose it just as quickly.
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FOMOSapien
· 12-05 06:26
Leverage really is the devil. As soon as I make a little profit, I want to cash out, and end up missing out on big market moves.
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RadioShackKnight
· 12-05 06:22
Leverage really is the devil. As soon as you make a little profit, you want to run, but in the end you still get liquidated like this.
ZEC couldn’t hold this wave.
The short-term chart looked a bit awkward at the time, and I purely went for a bottom-fishing strategy on the left side—the daily level did have some rebound potential. In the end, it jumped 10 points that day and I closed out all my positions. Looking back now, the cost price of 320 is almost touching 400...
To put it bluntly, it’s all because of leverage. Using leverage makes you more anxious about gains and losses—once you make a little profit, you just want to cash out, so how could you possibly hold on? With spot positions, maybe I’d have already been lying flat, but with leveraged positions, the moment there’s some floating profit, I get itchy hands.