The current market is like old furniture dressed in new clothes; it looks shiny on the surface, but the underlying logic hasn't changed. Retail investors chasing gains, to put it bluntly, is like digging for gold in a fire—there's a high risk of getting burned.
Want to survive long enough in this market? Two words: stop loss. Really, setting a stop-loss line is not being cowardly; it's being responsible for yourself. Too many people can't bear to take that stop-loss hit, and in the end, they lose everything.
Remember one thing—principal always comes first. Preserving your principal is the only way to have a chance to turn things around; once the principal is gone, everything is pointless. The crypto market is volatile and fast-paced, but when caution is needed, you must be cautious. Good risk management is the key to going further in the crypto world.
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SolidityStruggler
· 01-21 17:12
Setting stop-loss is easy to talk about, but who is willing to actually execute it?
One sentence hits the point: principal is the foundation, once it's gone, it's truly over.
It's another old topic about market conditions, but indeed, many people still flock to chase the highs.
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LoneValidator
· 01-21 09:18
Stop-loss is easy to talk about but hard to do; few can actually execute it.
Only by preserving the principal can there be a tomorrow; it’s only at the moment of loss that you understand what this means.
Chasing the rise is really a fire pit; those who get burned are the ones who didn't set proper stop-losses.
The mouse trap has already started running, and retail investors are still sleepwalking.
By the way, how much is a reasonable stop-loss setting? How do you all handle it?
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PumpBeforeRug
· 01-21 05:53
Talking about stop-loss is easy, but actually doing it is hard. When I see the price dropping, I just can't press that button.
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zkProofGremlin
· 01-21 05:52
Stop-loss is really easier to understand in theory than to implement in practice. Articles make it sound so straightforward, but when it comes to your own account, it's a whole different story...
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tx_or_didn't_happen
· 01-21 05:49
Setting stop-losses sounds easy, but actually doing it is really brain-burning.
Regretting only after losing the principal—those words hit hard.
Chasing highs and selling lows are all ways to give away money; isn't it better to honestly set stop-losses?
Digging for gold in the fire—that metaphor is perfect.
Most people simply can't bring themselves to take that cut, which is why they end up losing so much.
The current market is like old furniture dressed in new clothes; it looks shiny on the surface, but the underlying logic hasn't changed. Retail investors chasing gains, to put it bluntly, is like digging for gold in a fire—there's a high risk of getting burned.
Want to survive long enough in this market? Two words: stop loss. Really, setting a stop-loss line is not being cowardly; it's being responsible for yourself. Too many people can't bear to take that stop-loss hit, and in the end, they lose everything.
Remember one thing—principal always comes first. Preserving your principal is the only way to have a chance to turn things around; once the principal is gone, everything is pointless. The crypto market is volatile and fast-paced, but when caution is needed, you must be cautious. Good risk management is the key to going further in the crypto world.