The few trades at the beginning of 2026 taught me quite a few lessons.
A2Z should have been a good golden cross opportunity, but greed took over—taking a 40% unrealized profit without taking profit, and instead reversing the trend to cut losses, resulting in a $46 loss. PEPE was also a misjudgment; after the trend reversed, I cut losses and exited, which was relatively rational. Unfortunately, things started to get chaotic afterward. Fearing a dump in the evening, I hurriedly closed positions in BNB, DOGE, and WLFI, and the unrealized profits retraced, scaring me out. The most painful was that PEPE short—disturbed by the noise from Binance Square, I casually opened a short after looking at the top gainers, set a $100 stop loss, and was immediately wiped out.
My brother's situation was even worse. Seeing HOLO as the top gainer, he chased in without noticing that the default leverage was 20x, turning a $1,000 position into a $20,000 position. He instantly faced a loss of over $100, hurried to adjust the leverage, but it was too late—10 minutes later, the price plummeted, and he had to cut losses, losing nearly 20%, and exited with a $380 loss.
Some reflections: You can't rely solely on small timeframe K-lines for judgment; you must consider the larger trend. The shorter the timeframe, the more false signals there are. Minute-level movements are inherently chaotic. Trading too many coins in a day, especially altcoins, can easily be driven by emotions, not to mention frequent trading. Altcoins should be traded with small positions; high leverage and large positions are suicidal. Instead of repeatedly making and losing within a day, it's better to follow the larger trend.
The later lesson is: hold at most three coins in a day, and look for three opportunities. The heavier the position, the more careful research is needed—observe more, trade less, and only chase setups with the highest win rates.
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ContractTearjerker
· 11h ago
Jump on the top gainers list, how impressive is that... My brother's 20x leverage is really incredible, turning $1,000 into a textbook $20,000
Why do I feel like I've done all these things before, especially the mindset of not taking profit when floating gains exceed 40%, it's really heartbreaking
Frequent trading is just giving money to the exchange. To be honest, there are only two words for success in the crypto world: survive
Bro, your reflection this time is quite insightful. Watching less and doing less is indeed the right way. It's much more reliable than staring at the charts and messing around every day
The few trades at the beginning of 2026 taught me quite a few lessons.
A2Z should have been a good golden cross opportunity, but greed took over—taking a 40% unrealized profit without taking profit, and instead reversing the trend to cut losses, resulting in a $46 loss. PEPE was also a misjudgment; after the trend reversed, I cut losses and exited, which was relatively rational. Unfortunately, things started to get chaotic afterward. Fearing a dump in the evening, I hurriedly closed positions in BNB, DOGE, and WLFI, and the unrealized profits retraced, scaring me out. The most painful was that PEPE short—disturbed by the noise from Binance Square, I casually opened a short after looking at the top gainers, set a $100 stop loss, and was immediately wiped out.
My brother's situation was even worse. Seeing HOLO as the top gainer, he chased in without noticing that the default leverage was 20x, turning a $1,000 position into a $20,000 position. He instantly faced a loss of over $100, hurried to adjust the leverage, but it was too late—10 minutes later, the price plummeted, and he had to cut losses, losing nearly 20%, and exited with a $380 loss.
Some reflections: You can't rely solely on small timeframe K-lines for judgment; you must consider the larger trend. The shorter the timeframe, the more false signals there are. Minute-level movements are inherently chaotic. Trading too many coins in a day, especially altcoins, can easily be driven by emotions, not to mention frequent trading. Altcoins should be traded with small positions; high leverage and large positions are suicidal. Instead of repeatedly making and losing within a day, it's better to follow the larger trend.
The later lesson is: hold at most three coins in a day, and look for three opportunities. The heavier the position, the more careful research is needed—observe more, trade less, and only chase setups with the highest win rates.