2026-01-05 05:24:28

Yesterday, I closed my long positions, now I'm just waiting for a pullback to re-enter. Recently, I've interacted with many traders who seem to always want to operate in the market, afraid of missing any profit opportunities. But honestly, this kind of mindset often backfires and causes losses. The truth about the crypto market is that blindly entering trades will likely lead to losses, whereas learning to wait and find the right timing to enter can improve your trading success rate.

BTC's recent rally has been good, but why do I still want to exit? It's simple—chasing highs is essentially gambling, and the risk is very high. After any surge, a short-term pullback is highly probable. If you insist on jumping in at this point, you'll end up with an increasing cost basis and get trapped during the pullback. Instead, it's better to patiently wait for the price to fall back to key support levels before calmly entering long positions. This approach helps control risk and allows you to buy at a lower cost.

For traders, controlling their desire to operate is actually the hardest lesson. Remember the saying "Less action, fewer mistakes; not acting is not wrong." Sometimes, observing quietly and waiting for the right moment is more profitable than frequent trading. Finding the best opportunity during the wait is the strategy of a mature trader.

BTC1,49%

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Ser_Liquidated

· 01-08 05:06

This is what I've been saying all along: those who chase the high should reflect on themselves.

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AirdropATM

· 01-08 01:47

Clear the long positions and wait for a pullback, this is true rationality, unlike those chives chasing highs who get cut every day. --- I also thought about it, the most feared thing is to be careless, waiting two more days in the market can really earn more. --- That's right, chasing highs is indeed a gamble, the higher the cost piles up, the more likely you are to get trapped in the end. I've seen too many people like this. --- It's hard to endure, it's just that the desire to operate can't be controlled, feeling like staying idle is like losing money. --- The phrase "not moving is good" is something I need to memorize, less operation really can reduce losses. --- It sounds very right, but when it comes to the market, it's still easy to get carried away, self-control is really the biggest test. --- It seems very reasonable, but to what level should we wait for a pullback to enter? I always feel like my judgment is not accurate.

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DegenMcsleepless

· 01-05 05:53

Closing the long position is definitely more stable, much better than those brothers who chase the high.

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MEVSandwichVictim

· 01-05 05:53

I never thought of this set of clearing positions and taking profits. Those chasing the high now will have to suffer losses.

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just_another_wallet

· 01-05 05:49

List to take profit, stay out of the market and watch the show, this is what it means to be alive People chasing highs will eventually suffer big losses, I'm already tired of it Wait for a pullback, patience is key, you can't rush hot tofu That's so true, none of my friends who trade every day have made money Doing nothing is good, this phrase should be engraved in traders' minds FOMO is the most expensive emotional disorder I've seen Stay calm, wait for signals, don't follow the crowd That's why most people end up losing money in the end

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FlashLoanLord

· 01-05 05:48

This guy is so right, chasing highs is really just giving away money --- Closing out this move was well played; now it depends on whether we can precisely catch this wave --- The problem is most people simply can't wait; they get itchy when they see prices go up --- Honestly, traders who can resist acting are probably one in a hundred --- Waiting is the highest level of operation, but it's really difficult --- The chances of bouncing back are indeed high, but it could also take off directly --- This theory sounds great, but actual execution is another story --- See if you can really wait for that support level; otherwise, closing out is pointless --- Suppressing desire is even more difficult than analyzing the market --- Agreed, but there are few who can maintain this mindset for more than three days

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SchrödingersNode

· 01-05 05:39

This is exactly what I've been saying all along: those who chase highs are all newbies. No, wait, we still need to wait now; it feels like it hasn't bottomed out yet. Honestly, those who can stay put make money, while those who can't are all eaten up. I've also cleared my positions in this wave; now it's just a matter of seeing where the bottom is.

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BearMarketBuyer

· 01-05 05:36

This guy is right, chasing highs is really gambling with your life. I fell for this last time, but now I've learned my lesson. Waiting for a pullback is the correct strategy; why rush? Only those who can stay patient will make money; everyone else is just messing around. He's so right. The buddies around me who are constantly trading are now in a complete loss. Not trading is actually good; I need to keep this in mind. Clearing out positions and waiting for opportunities—this mindset I respect. Much better than chasing highs and getting caught. Really, FOMO is the biggest enemy in trading; I need to quit it.

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