In the crypto market, deciding to take profit or cut losses is never the wrong choice. As long as you still have money in hand, you still have a chance to come back.
A very interesting real case shared by Mztacat:
- Initially mint an NFT with a cost of about $300 - Then sell it back to user JZ1016 for $11,000
This is a clear demonstration of trading philosophy: those who know how to manage risk and take profits in time often keep the opportunity to reinvest in other opportunities. That is the secret to long-term survival in the NFT and crypto markets in general.
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SmartContractPlumber
· 6h ago
Turning $300 into $11,000—that's what risk management looks like. To put it simply, staying alive is the only chance, clinging to it blindly is the biggest vulnerability.
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SelfCustodyBro
· 6h ago
Minted from 300 to 11,000, that's why I'm still in this market.
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GasWaster69
· 6h ago
$300 to $11K, now that's what we call timing, not blindly going all-in
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LiquidatorFlash
· 6h ago
$300 to $11,000? That's an outrageous collateralization ratio... Anyway, only those who know when to take profits truly survive, don't wait to be forcibly liquidated.
In the crypto market, deciding to take profit or cut losses is never the wrong choice. As long as you still have money in hand, you still have a chance to come back.
A very interesting real case shared by Mztacat:
- Initially mint an NFT with a cost of about $300
- Then sell it back to user JZ1016 for $11,000
This is a clear demonstration of trading philosophy: those who know how to manage risk and take profits in time often keep the opportunity to reinvest in other opportunities. That is the secret to long-term survival in the NFT and crypto markets in general.