Yesterday, a reader friend saw my post and learned that I was interested in C Coin. They specifically posted to remind me of the risks, and I would like to thank them again here.
I am very glad that someone agrees with the respect for risks in the market. Personal understanding and expectations can strive to align with reality, but they can never replace the market in making decisions.
After I started building my position in C Coin yesterday, I began to give advice to everyone. Although I am interested, I never had the mindset that once I bought it, it would immediately soar. Yesterday, I just put in 2000 USDT to take a look, with a bit over a thousand specifically going on-chain, buying 10,000 spot at around 0.14, which is considered a basic position. Then I opened a contract on Binance, putting the remaining few hundred as a partial position to test the waters. Overall, I have set this 2000 limit for this new coin, and if I lose, I will accept it as normal, so please rest assured, my friend who reminded me.
This is my overall attitude: being optimistic does not mean it will definitely rise, and one should not always expect that buying will lead to an increase. One must have a predetermined acceptable loss range, take it step by step, and plan for the long term. Maintain the basic principles of phased entry and buying low and selling high; this way, one can steadily hold and gradually increase the basic position without being liquidated, while continuously following up to gather more relevant information and adjust their expectations.
This morning, I saw someone reply to me, saying that they went all in the day before I posted. I replied that I did not agree with that, as there was completely no room for maneuver. In fact, if we consider the past three days as a phase, the position from yesterday afternoon, taking a portion of surplus chips to enter the market seemed very efficient (I temporarily increased my position by 10% around 0.126, and then this morning went to around 0.146, resulting in a gain of over 10%. I sold off 80% of the added position for profit, keeping 10% at the current bottom for a stop loss, and the remaining 10% of the added position I will keep as a basic position without moving).
This is how it is with everything: the more you value and are optimistic about something, the more detailed and patient you must be to increase the success rate.