Trading is not just about predicting whether the price will go up or down. What determines your long-term survival in the market is how you manage your capital and emotions.
💸 Smart Capital Management
Never go "all in" on a trade. The market is always full of risks. Split your capital, allocate wisely to minimize losses and keep opportunities for future trades.
🎭 Keep a Cool Head When the Market Drops
Most traders lose money due to panic. When prices drop sharply, remember: fear leads to mistakes. Instead of acting impulsively, stick to the plan and the trading scenarios you have prepared in advance.
📈 Take Profits Strategically
Every price increase is an opportunity. Set clear profit targets and take profits in portions. Don't let greed turn the profits on the screen into "illusions".
🎯 Be Patient with the Market
Prices always fluctuate. Today's losses may only be temporary. Being patient and waiting for the right moment will turn short-term losses into long-term profits.
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⚡ Conclusion: Trading is not an emotional game. It is the art of managing money and oneself. Every click should stem from a clear plan, not from momentary emotions.
👉 If you want to go far on the trader's path, learn to discipline yourself before learning to read charts.
If you are holding: you can continue to hold, gradually take profit around 0.053 – 0.055. If it surpasses, the further target is 0.058 – 0.060.
If you want to buy new: you should wait for a correction to the range of 0.048 – 0.049 to have a better entry.
Short term: the trend is currently positive, but after a strong pump, there is a possibility of additional fluctuations before retesting the resistance at 0.055.
Bad scenario: if it breaks below the range of 0.046, the upward momentum will weaken and it may easily return to the old accumulation zone.
If holding: can continue to hold, gradually take profit around 0.135 – 0.140 (near resistance zone). If this zone is surpassed, the next target may be aimed at 0.150.
If wanting to buy new: wait for a correction around 0.125 – 0.127 for a safer entry (avoid FOMO when the price is rising rapidly).
Short term: very positive trend, but after a strong pump, there may be a shaking adjustment back to the support zone before continuing.
Bad scenario: if it breaks below 0.118 – 0.120, the short-term uptrend may weaken, so consider risk management.
If holding: can continue to hold, gradually take profit around 0.135 – 0.140 (near resistance zone). If it surpasses this zone, the next target could be aimed at 0.150.
If wanting to buy new: wait for a correction around 0.125 – 0.127 for a safer entry (avoid FOMO when the price is rising sharply).
Short term: very positive trend, but after a strong pump, there can easily be a pullback to the previous support area before proceeding further.
Bad scenario: if it drops below 0.118 – 0.120, the short-term upward trend may weaken, so consider managing risk.