Today I didn't open any orders all day, and I'm completely confused about the market. Maybe it’s because I'm caught in this waterfall; the market doesn’t fear your profits, it fears that you won’t participate. After making a profit last night, if I hadn’t played and just held my short position, it would have been so much better. I went in to open a long position and got caught in the waterfall, turning a profit of 2900 into a loss of 2800. Can you believe it? I’m a bit frustrated, but I can’t help but admit it’s my own fault for being greedy over that little extra profit, which led to the loss.
Today I didn’t do much. I went for a test drive of a car I really like, and my cousin came to Shenzhen today. I need to treat him well in the next few days. My cousin’s task is to take him out to see and have fun. This is the first time I have relatives visiting me in another city, so I must arrange everything properly.
Recently, I haven’t been closely following the market anymore, as I won’t try to bottom-fish without signs of stabilization. Those who tried to bottom-fish today probably ended up trapped. Let’s see how things develop. Today, I only did one thing in the cryptocurrency circle, and that is to stop trading and withdraw funds. When the market comes, I hope I can hold on and trigger passive skills for a chance to break even. $ETH
Keep your hands steady and use cash more for consumption. In recent months, I might have been using profits to trade, and I’ve been quite aggressive. When I make a profit, sometimes I look down on 5000 oil, and I’ve reached a point where I wouldn’t even close a position at 2000 oil. I’ve noticed some changes in my mentality, and I need to adjust it properly. Last night, I made a profit of 2900 and lost 2800, which actually amounts to over 40,000 yuan. I’m already numb to it... This isn’t good. I should go back to a smaller position model; otherwise, I’m really afraid of making 100,000 in a day or losing 100,000 in a day. This goes against my initial mindset. No! It’s not allowed!!
In the past, I could be happy for a long time with just 100 oil for a pig’s feet meal in a day, but now even 3000 oil doesn’t satisfy my greed. Earning 9000 oil in a day doesn’t make me that happy anymore. I don’t know what’s wrong with me; I really need to adjust my mindset!!! My friends!! Don’t be anxious!! Being anxious will really lead to losses!!!!