It doesn't make sense. Even if, as you said, it increased 4.4 times from 1800 to 8000, how did you translate that to 1000 times? Are you using a leverage of 200 times? If the price just retraces 0.5% in between, wouldn't you get liquidated?
币海明灯-吃屎哥
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$ETH Don't ask me anymore if 'Er Bing' should run. My goal is $8200. Even if there really is a big retracement to $1800 midway, losing all my profits, I accept that. Because when it drops to $1800, I will still confidently go all in to fight back. I must capture this wave and take my 1000 times profit.
I understand that you young people can't hold onto trend trades, but to be honest: you really can't hold onto 'big money'. Many people in my group entered at $1950, and now ETH has risen to $2500, earning over 500 points in profit. It peaked at $2624, with a maximum retracement of over 200 points in between. So what happened? Many of them only took 5 times or 10 times profits before running away. And me? I've held on and my profit has already been 8 times my capital.
I find it really strange: You can enter at $1950, rise over 500 points but can't handle a normal 200 point retracement? It's common sense that there are fluctuations on the way up; if you panic at a little profit withdrawal, how can you possibly capture a real big wave? As for those who jumped in midway, the moment they encounter a floating loss, their mindset collapses, frequently stop-lossing, and in the end, they either miss out or lose money.
Ultimately, it's not that you can't trade; it's that you lack the awareness and mindset to manage the trend.
Remember this: The height of your thinking determines the thickness of your account. If you can't hold onto trend trades, you won't gain trend profits. As long as you are still stuck in the 'earn a little and run' mindset, you are destined to be far from the miracle of wealth.
Here's a piece of advice for you: If a person can't even hold onto trend trades, they are destined to never hold the ticket to financial freedom. —— Beacon of the Currency Sea · Eastern Saint
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