To be honest, our team has kept a close eye on those cryptocurrencies reaching new highs. For XMR, we've already simulated two possible trend scenarios in advance. But the market never follows your script; every time a trend appears, plans must give way to the market conditions.
Last week, after XMR broke through around 550, we opened a long position. The targets were set reasonably: the first at 670, the second at 780. But what happened? This morning, the price surged to 631.
What should we do now? We look at the hourly chart and notice continuous divergence between volume and price. Then we check market sentiment—it's clearly overheated, a bit too hot. According to our discipline, we should exit if necessary. In the end, we closed all positions, locking in a profit of 6900U.
Some people are puzzled: "Didn't you say you were aiming for 780? Now you're selling at 631? Are you chicken?" Let me explain this logic.
XMR's market cap is approaching one billion dollars. In the current market environment, it's quite difficult to see a doubling trend directly. This is not baseless—just look at the market size and liquidity, and you'll understand why large-cap cryptocurrencies are becoming harder to rise. So, when we detect signs of waning upward momentum, the first choice is to protect existing profits. This is not conservatism; it's a probability game.
I often get asked this question. My answer is: analysis can be extended far into the future, but trading must focus on the present moment. Your position is a tool for making money, not a testing ground to validate your judgment. Mixing these two can lead to trouble. Many people lose money because, when trading, they are essentially betting against their own views rather than managing risk.
Currently, XMR is still oscillating at high levels. Our plan is to wait patiently until the structure is truly clarified before considering whether to re-enter or try a different direction. The market never lacks opportunities. But what are the prerequisites? You need to get off the last train safely. You also need to have chips in your pocket.
If you often blame yourself for "selling too early" or "not buying in," I suggest you ask yourself honestly: does your trading strategy include clear exit rules? If not, that’s the core problem.
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ForkYouPayMe
· 18h ago
What if you sold early? Living is the real winner.
Disciplined trading means surviving one more year than those who chase highs and sell lows.
That's right, many people are actually battling their own obsessions, not trading.
I get this mindset; compared to greed for a little more profit, protecting the principal is the top priority.
Those who don't have exit rules will eventually suffer losses; this is not just theory but a painful lesson.
Waiting for the next train is always better than being trapped; the market really can't be rushed right now.
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StakeWhisperer
· 01-13 13:59
Make $6900U and then run, this move is indeed awesome. If it were me, I would have already taken the 780 and cut my losses.
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That's right, many people use their positions to gamble on their pride, which only leads to greater losses.
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Reasonable take profit always avoids losses. I really admire traders who know their own limits.
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The exit rules are indeed the Achilles' heel for most people; they always try to catch the bottom or top, but end up risking everything in one move.
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With XMR's current trend, it's really hard to see clearly. Let's wait until the structure is clearer; there's no rush for this little profit.
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Damn, if you can't see the continuous divergence between volume and price, you end up holding on stubbornly. No wonder you're always being taught lessons.
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Holding $6900U steadily in your pocket is much more reliable than shouting about doubling.
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The liquidity of major cryptocurrencies is the ceiling; stop dreaming about miracles and focus on managing risks.
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This is what trading looks like, not a gambler's mentality.
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Many times, you can't sell at the highest point, but getting out alive already means you've beaten half of the people.
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PhantomHunter
· 01-13 13:59
**Comment 1:**
What are you chicken for? Holding onto profits makes you a winner. If you don't even have this much resolve, you're just here taking flying knives.
**Comment 2:**
Very true, many people die over the phrase "selling too early." Trading without a take-profit rule is just gambling.
**Comment 3:**
Selling at 631 is indeed prudent. I’m different—I chase highs every day and end up losing teeth everywhere.
View OriginalReply0
SillyWhale
· 01-13 13:57
Well said. Many people treat trading as gambling, using position sizes to test whether they're right or not, so how can they not lose money?
Selling early, so what? Staying alive is the most important thing, right?
Although I didn't catch the 780 on this XMR move, I secured the 6900U profit steadily, which is much more comfortable than waiting for a squeeze.
Without clear exit rules, it's basically a suicidal trade, no wonder the market always takes advantage.
Playing a probability game like this isn't about being conservative; it's about being clear-headed.
Wait until the structure is clear before entering the market. It's really not easy to maintain this mindset.
Many people are still blaming themselves for selling early, but little do they realize that this is the reason they will never make money.
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NFTragedy
· 01-13 13:45
Selling early is indeed frustrating, but compared to being trapped, I choose to hold 6900U, this is discipline.
Really, don't gamble your judgment with your position; that's a suicidal trade.
Not getting 780 is not a regret; controlling the risk is winning.
Many people are actually struggling with themselves, not trading.
Once this logic is clear, it's truly not being cowardly.
View OriginalReply0
BrokenYield
· 01-13 13:35
ngl, the whole "ego vs risk management" thing hits different when you're actually watching your account bleed. most people would've held to 780 just to feel right about their call.
To be honest, our team has kept a close eye on those cryptocurrencies reaching new highs. For XMR, we've already simulated two possible trend scenarios in advance. But the market never follows your script; every time a trend appears, plans must give way to the market conditions.
Last week, after XMR broke through around 550, we opened a long position. The targets were set reasonably: the first at 670, the second at 780. But what happened? This morning, the price surged to 631.
What should we do now? We look at the hourly chart and notice continuous divergence between volume and price. Then we check market sentiment—it's clearly overheated, a bit too hot. According to our discipline, we should exit if necessary. In the end, we closed all positions, locking in a profit of 6900U.
Some people are puzzled: "Didn't you say you were aiming for 780? Now you're selling at 631? Are you chicken?" Let me explain this logic.
XMR's market cap is approaching one billion dollars. In the current market environment, it's quite difficult to see a doubling trend directly. This is not baseless—just look at the market size and liquidity, and you'll understand why large-cap cryptocurrencies are becoming harder to rise. So, when we detect signs of waning upward momentum, the first choice is to protect existing profits. This is not conservatism; it's a probability game.
I often get asked this question. My answer is: analysis can be extended far into the future, but trading must focus on the present moment. Your position is a tool for making money, not a testing ground to validate your judgment. Mixing these two can lead to trouble. Many people lose money because, when trading, they are essentially betting against their own views rather than managing risk.
Currently, XMR is still oscillating at high levels. Our plan is to wait patiently until the structure is truly clarified before considering whether to re-enter or try a different direction. The market never lacks opportunities. But what are the prerequisites? You need to get off the last train safely. You also need to have chips in your pocket.
If you often blame yourself for "selling too early" or "not buying in," I suggest you ask yourself honestly: does your trading strategy include clear exit rules? If not, that’s the core problem.