In the field of Crypto Assets trading, there is a type of trader known as "diamond hand". This title vividly describes those who steadfastly hold their positions regardless of how violently the market fluctuates. Recently, the experience of a trader perfectly illustrated this concept.
The trader opened a short position of 10,796 ETH at a price of $4,718 on September 13. Just 12 days later, the price of ETH dropped to $3,815, giving the trader an unrealized profit of around $9.75 million. However, the market is ever-changing, and the price of ETH began to rebound, gradually climbing back to levels close to the opening price.
Throughout this process, from opening a position to gaining nearly ten million dollars in Fluctuation, and then watching the profits almost completely evaporate, this trader remained calm, neither reducing his position nor closing out. His actions exemplified the true "diamond hand" spirit—sticking to his trading strategy and judgment despite the enormous temptation of profits and the pressure of potential losses.
This unwavering attitude is particularly rare in a market as highly volatile as Crypto Assets. It not only requires strong psychological qualities but also a profound understanding of the market and long-term insight. Regardless of the final trading outcome for this trader, the extraordinary composure he has demonstrated has already garnered widespread attention and discussion within the trading community.
This case also provides valuable insights for other traders: in a rapidly changing market, staying calm and persistent may be more important than short-term profits. At the same time, it reminds us that high returns often come with high risks; traders need to carefully assess their risk tolerance and develop appropriate trading strategies.
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MetaDreamer
· 21h ago
Who can stand this?
View OriginalReply0
MentalWealthHarvester
· 21h ago
This order is charging forward!
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ChainSherlockGirl
· 21h ago
According to this magician's imagination, there must be insider information behind the Whale; otherwise, who would dare to bear this wave of big market movement.
View OriginalReply0
PumpAnalyst
· 21h ago
Diamond hand my ass, it's just the market maker deliberately putting on a show for the suckers.
In the field of Crypto Assets trading, there is a type of trader known as "diamond hand". This title vividly describes those who steadfastly hold their positions regardless of how violently the market fluctuates. Recently, the experience of a trader perfectly illustrated this concept.
The trader opened a short position of 10,796 ETH at a price of $4,718 on September 13. Just 12 days later, the price of ETH dropped to $3,815, giving the trader an unrealized profit of around $9.75 million. However, the market is ever-changing, and the price of ETH began to rebound, gradually climbing back to levels close to the opening price.
Throughout this process, from opening a position to gaining nearly ten million dollars in Fluctuation, and then watching the profits almost completely evaporate, this trader remained calm, neither reducing his position nor closing out. His actions exemplified the true "diamond hand" spirit—sticking to his trading strategy and judgment despite the enormous temptation of profits and the pressure of potential losses.
This unwavering attitude is particularly rare in a market as highly volatile as Crypto Assets. It not only requires strong psychological qualities but also a profound understanding of the market and long-term insight. Regardless of the final trading outcome for this trader, the extraordinary composure he has demonstrated has already garnered widespread attention and discussion within the trading community.
This case also provides valuable insights for other traders: in a rapidly changing market, staying calm and persistent may be more important than short-term profits. At the same time, it reminds us that high returns often come with high risks; traders need to carefully assess their risk tolerance and develop appropriate trading strategies.