This time, I really suffered the consequences of impulsiveness.
I couldn't hold on anymore and closed all my contract positions. I completely cleared out my WHY holdings, and the final bill showed a loss of 150,000 USD, roughly 1 million RMB. With this move, I truly hit the core of the problem.
Honestly, watching the daily unrealized losses was really painful, and in the end, I couldn't withstand it. The three football coins I bought earlier, along with GIGGLE, didn't lose much in spot trading, but the contract positions, this black hole, directly swallowed hundreds of thousands of dollars of principal.
This time, I also withdrew 70,000 USD, which was the margin I added earlier to hold on to the market. Looking back now, I really need to reflect carefully on the entire process. Reviewing past trades is very important because sometimes, when you're caught up in the moment, your rationality completely goes offline. The most profound lesson is: impulsiveness is the biggest enemy in trading, and you must learn to control that gambling instinct.
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LadderToolGuy
· 8h ago
Damn, smart contracts are really money-consuming beasts
After reading this, I feel relieved, at least I'm not that miserable
WHY this wave is really unbearable, I need to review it carefully
That's why I'm only trading spot now, to avoid being controlled by liquidation
1 million gone, now that's a profound lesson
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LonelyAnchorman
· 8h ago
1 million gone, this is the power of contracts.
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WHY is really incredible; the most painful part of cutting losses is losing this much.
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Bro, this round of review is very thorough, more clear-headed than many people.
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Holding on to the market until the end, but ultimately couldn't withstand the mental breakdown.
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As long as the spot holdings of Football Coin and giggle are preserved, it's not considered a total loss, at least there's a way out.
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Impulsive orders are really deadly, I felt that firsthand.
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150,000 USD, once I placed the order, my whole mindset was gone.
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Withdrawing 70,000 to cut losses is a sign of awareness, better than continuing to gamble everything.
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That's why I don't dare to touch contracts now; your lessons are too costly.
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Controlling the gambling mindset is really more important than any technical analysis, very true.
View OriginalReply0
CryptoComedian
· 8h ago
Laughing and then crying, a million just disappeared like that, contracts really are ruthless and unforgiving
Impulsive trading is indeed a deadly disease. After reading this post, I’ve decided to just live well
Being able to withdraw seventy thousand dollars is already good, some people don’t even have the chance to withdraw
The biggest enemy of humanity is that heart that wants to go all in. What a pity I realized too late
Reviewing the trades is pointless, just stop playing contracts altogether, it’s hilarious
WHY I bet this coin will eventually cool off, but it’s much smarter than betting on myself
If I saw this bill, I’d probably just throw my phone away
Football coin plus giggle, this combo sounds like a gambling collection
Watching floating losses every day makes my mood collapse, might as well stop checking the market
A million-level principal just disappears like that, that’s true financial freedom
View OriginalReply0
MindsetExpander
· 8h ago
Millions lost, contracts are really poison
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Getting too bullish on paper losses messes with your mind, I know this too well
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Next time, just go all in on spot trading, so you don't have to watch the charts every day and cut losses
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Impulsiveness is always the most expensive tuition in trading
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WHY I can't understand this kind of coin at all, yet I can hold on for so long
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70,000 margin gone to waste, that's exactly why I don't trade contracts
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Controlling that gambling urge is a hundred times more important than any technical analysis
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It's easy to say reflect, but next time when the market comes, you'll still get caught up in it
This time, I really suffered the consequences of impulsiveness.
I couldn't hold on anymore and closed all my contract positions. I completely cleared out my WHY holdings, and the final bill showed a loss of 150,000 USD, roughly 1 million RMB. With this move, I truly hit the core of the problem.
Honestly, watching the daily unrealized losses was really painful, and in the end, I couldn't withstand it. The three football coins I bought earlier, along with GIGGLE, didn't lose much in spot trading, but the contract positions, this black hole, directly swallowed hundreds of thousands of dollars of principal.
This time, I also withdrew 70,000 USD, which was the margin I added earlier to hold on to the market. Looking back now, I really need to reflect carefully on the entire process. Reviewing past trades is very important because sometimes, when you're caught up in the moment, your rationality completely goes offline. The most profound lesson is: impulsiveness is the biggest enemy in trading, and you must learn to control that gambling instinct.