ZHQ1992

Someone asked why the long position is not moving?
95 is not running
928 is not running
Otherwise, I would have already recouped a large part of my capital.

I think
this is a matter of trading habits.
The long position tends to be held for the medium to long term.
Unless I believe it's a short-term peak or a major peak.
The biggest drawback of exiting at a short peak
is what if it directly reverses?
So it also needs to be considered with time and the weekly chart.

Currently, it can be said for sure
that as long as around the 20th I get the opportunity for the daily upper track,
then I will definitely exit my long position.
Because the weekly chart has not yet completed a bottoming process,
it's unlikely to reverse directly.
That's all!
$BTC

Can't access Twitter
Let me see how many people in the square are paying attention to me

Never give up your position
Because the bull market has not ended
The main force is just strongly killing the bulls
Because there are too many long positions
Must be cleaned out
Even the Daoist has been cleaned out of half of his position
I take responsibility for my own mistakes

But
As long as there are positions
It can be revived when it goes up
Just do a good job of extreme position control
That's it!

I haven't slept since last night, and the students keep asking. Many people are panicking, and that's when I realized they did not follow the position management and practice strategies taught initially.

According to the requirements of BTB investment research, all students can only trade Bitcoin, because beginners have no understanding of altcoins. Making money is good, but they are unaware of the potential sharp declines in altcoins; they only see profit and not the losses that come from a crash.

Altcoins should only be attempted with a maximum of 10% of the position!

No contracts should be touched!

Now that there's a sharp decline, those who traded contracts are facing liquidation or are on the verge of it, many are coming out with heavy losses in altcoins, and there are also those who bought Ethereum at a loss, and so on. The only consolation is that those who listened and traded Bitcoin have a relatively stable mindset. Even if they entered Bitcoin at 106 and are fully invested, they are only down about 10%. Furthermore, if they built their positions at lower levels or during the later stages at 900-980, their overall profit or loss is minimal.

Just like a friend in the crypto community asked how much one can profit from learning. I replied that learning isn't difficult; the challenge is controlling your impulses, managing greed, and aligning knowledge with action. The operation is in your hands, but if you don't listen to advice and go ahead blindly, even if I am capable, I can't help you.

The requirement for all students is that if you don’t understand or can’t manage it, ask in advance. Waiting until the rice is cooked before asking questions means that you will have to spend more time making up for it. Just trade slowly to relieve losses. Because we need to develop different strategies tailored to each student’s unique situation, I’ve been busy until now.

I also hope that all crypto friends can learn from this lesson and not wait until it's too late to regret.

Looking at the altcoins, many have almost been halved. Even at such a low point, it's still a bear market decline, reminding me of the scene in 2021 when Bitcoin dropped from 42,000 to 28,000. It truly pains me; nobody's money comes easily, so tread carefully and cherish it!