No rebound the day after buying? Don't hesitate, stop loss immediately!
In the crypto world, the biggest fear when you're wrong is not the loss,
but the refusal to admit mistakes, stubbornly holding on, and hoping for luck.
A simple and practical judgment standard: "After buying, if the next day the price doesn't even return to the cost price?"
You can basically determine: you are headed in the wrong direction!
The most genuine signal from the market is not the candlestick chart, nor the indicators, but the attitude of capital towards a position. If after your purchase, the capital doesn't support the price,
not even giving you a decent rebound, it indicates that no one recognizes this position,
why are you still holding on?
Why is it essential to decisively stop loss? Because the volatility in the crypto market is too fast, and there won't be many opportunities for you to correct your mistakes.
Hesitating for an hour can lead to an additional 10% loss; waiting another day could result in a direct halving of your investment.
So many people end up saying "just wait a little longer" or "maybe it will rebound," only to find themselves facing a sharp drop, leading to liquidation.
Remember this: "Those who know how to stop loss will never die."
Truly mature investors do not focus on single profits and losses; they are always protecting their principal and operational rights.
Admit when you're wrong, cut losses, and wait again for your own rhythm and opportunities.
Being wrong is not scary; not stopping loss is the biggest risk.