What does a 1/4 drop mean? The ALPHA I traded dropped by 75%, leaving only 1/4
招财Meow
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Bullish
#BinancePizza #SKYAI When brushing Alpha on Binance, I was constantly brushing SkyAI. That day, I was a bit careless and sold a position without noticing it actually failed... As a result, it coincided with a dramatic drop, falling nearly 1/4 at its peak, with continuous declines. My mentality exploded. I knew I should cut losses, but I just couldn't bear to do it, watching it fall deeper into the loss zone. Today it finally rebounded a little, and I took the opportunity to sell half of my position at a price of 0.062, planning to hold the rest and play dead. A bloody lesson tells me, and reminds everyone: you must establish psychological expectations, don't aim to make money by brushing trading volume, brush a bit before buying, and sell off any losses smaller than 0.5U immediately after buying, don't be greedy. Also, make sure to confirm that the sale was successful before exiting the software, don't be like me, boohoo...
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