Most traders blow up their accounts not by picking the wrong coin but by never deciding when to get out.
That sinking feeling hits hard when a green trade turns red because greed told you to hold just a little longer. I have lived that gut punch more times than I want to remember, watching positions bleed out simply because I never set the rules in advance.
After getting wrecked through the 2018 winter and again in 2022, I finally learned to define risk before I ever click buy. Just put another 2k into $LAB . The bottom looks in place. It will not rip to the moon overnight, but a measured grind higher feels realistic from here. First take profit sits at 0.30, second at 0.41, and if price invalidates below 0.13 I am out without hesitation. That same structure kept me breathing when $BTC and $ETH spent months grinding lower while others held bags hoping for a miracle. Hope is not a strategy. Clear levels are.
How do you set your stops and targets when you think you have spotted a bottom?
That sinking feeling hits hard when a green trade turns red because greed told you to hold just a little longer. I have lived that gut punch more times than I want to remember, watching positions bleed out simply because I never set the rules in advance.
After getting wrecked through the 2018 winter and again in 2022, I finally learned to define risk before I ever click buy. Just put another 2k into $LAB . The bottom looks in place. It will not rip to the moon overnight, but a measured grind higher feels realistic from here. First take profit sits at 0.30, second at 0.41, and if price invalidates below 0.13 I am out without hesitation. That same structure kept me breathing when $BTC and $ETH spent months grinding lower while others held bags hoping for a miracle. Hope is not a strategy. Clear levels are.
How do you set your stops and targets when you think you have spotted a bottom?