Bought ZEC at 400 and now it’s 506. Seeing the account’s unrealized gains, I’ve decided to close this position.
Some might ask: Haven’t you always been optimistic about this asset? Why are you selling now?
Honestly, trading is about dynamic adjustment; it’s not about sticking to one path until the end. Currently, there are many other assets in the market with greater potential than ZEC. As for ZEC itself, it’s just hitting daily limits and dragging on, no longer showing the momentum of a quick, decisive move. Risks are accumulating, and opportunity costs are increasing.
This trade didn’t lose money but made a profit. So what are we waiting for? It’s time to close, wisely moving this profit into more promising opportunities. Instead of holding onto a gradually losing momentum coin and waiting, it’s better to take profits in time and catch the next wave. That’s my understanding of trading risk.
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TestnetScholar
· 01-05 12:48
A floating profit of 26 yuan and you just sell? Your courage is really small.
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QuorumVoter
· 01-05 04:49
This move is quite rational; taking profits in time is never wrong.
To be honest, the momentum of ZEC is really gone. Instead of staring at it in a daze, it's better to free up your hands and look for the next opportunity.
Agreed, pursuing dynamic balance is the way to go; don't be hostage to a single asset.
Taking a profit of 26 bucks and running, that's a good mindset. I'm still holding on to my position.
You have a thorough understanding of opportunity cost; indeed, you shouldn't hold onto a coin that has no momentum.
Not all coins can soar to the sky; knowing when to exit is already half the battle won.
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ForkItAllDay
· 01-03 12:56
Taking profits is not wrong; I'm just worried that the next target might also be a sluggish asset.
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ApeWithNoFear
· 01-03 12:54
Alright, ZEC, let's call it a day. Anyway, made some profit, so just run. Don't be greedy.
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On-ChainDiver
· 01-03 12:51
That's right, taking profits in time is the key, don't be greedy anymore.
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DeFiVeteran
· 01-03 12:43
A 26% return and then running away—that mindset is indeed steady. But I actually think this wave of ZEC isn't over yet. Will I miss the next opportunity again?
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MevWhisperer
· 01-03 12:40
Make a profit and run, this idea isn't wrong, avoiding regret after getting trapped
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FalseProfitProphet
· 01-03 12:37
Running away with a 26% profit, really, sometimes greed is what gets you eliminated.
Bought ZEC at 400 and now it’s 506. Seeing the account’s unrealized gains, I’ve decided to close this position.
Some might ask: Haven’t you always been optimistic about this asset? Why are you selling now?
Honestly, trading is about dynamic adjustment; it’s not about sticking to one path until the end. Currently, there are many other assets in the market with greater potential than ZEC. As for ZEC itself, it’s just hitting daily limits and dragging on, no longer showing the momentum of a quick, decisive move. Risks are accumulating, and opportunity costs are increasing.
This trade didn’t lose money but made a profit. So what are we waiting for? It’s time to close, wisely moving this profit into more promising opportunities. Instead of holding onto a gradually losing momentum coin and waiting, it’s better to take profits in time and catch the next wave. That’s my understanding of trading risk.