Recently looking for a job, going for an interview tomorrow, the bear market has come and it is even more necessary to work, having a stable income can improve one's mindset, stable and reassuring to deal with challenges, giving oneself a margin for error.
Today I made a small move and marked a few indicators I can understand
Lowering the frequency indeed slowed down the losses a bit
Today <calmed down> broke through 500k. As a community coin, its fluctuations are really intense. This market doesn't have a big player; it's purely a test of community consensus, giving it a strong vitality. I saw this market at 20k and sold all at 24k. Subsequently, I fomo'd in at 200k, cut losses at 50k, and then today at 500k. Honestly, I feel like I was completely led around like a dog.
There are also a few small markets, which I bought impulsively, and I won't make this mistake again tomorrow. In a bear market, small angle coins don't have a very high ceiling; their lifecycle is short and shouldn't be overly fantasized.
Moreover, I found that just because this market has been out before doesn't justify unreasonable selling due to fud. If there are no leading coins or interesting coins, the sentiment will look for interesting coins regardless of their previous appearance.
Tonight's <Yaara> is also a very interesting coin. I will continue to observe and learn its patterns.
Today is Sunday, and the liquidity is better than during the week. I tried several strategies, but then there was a significant drawdown; I took a big hit. I still need to watch more and act less. If I don't act, I won't lose. The capital is limited.
Today I made a very basic mistake by engaging in high-frequency trading in the internal market pvp➕fomo, which led to buying a lot of low market cap junk coins. I kept thinking about being able to ambush a wave or seeing smart money buying and wanting to buy in too, not wanting to miss the opportunity to make money. I was also trading coins I didn't understand. However, this usually becomes liquidity for other traders to exit because these coins caused me a loss of about 80u, accounting for half of today's loss. Tomorrow, I will reduce my trading frequency.
The second loss was due to ambushing. I wanted to ambush for a rebound but ended up facing a panic sell-off. Next time I encounter such a situation, I should build positions in batches to reduce risk; act fast to seize opportunities, and be cautious not to rush.
The third issue was poor trading execution; when encountering good coins, I should hold onto them longer rather than selling immediately. I also need to adjust my strategy and build positions in batches.
Today, there were also two certain opportunities, namely the listing of rave's contract. When the news was released, I should have heavily invested, likely yielding around 15% returns. The other was an assassin buy-in; Binance's official Twitter sent out a crypto tweet, but I didn't hold onto it and sold after gaining 60%. Doubling my capital is always the safest strategy. Keep going.
Watch more, act less.
Today's earnings: -150u The main task is to survive this week, no fomo🫡 #bsc
Post-00s college students have failed in graduation exams, civil service exams, and have turned to BSC for opportunities.
With the economy in decline, jobs are hard to find. Web3 will be the future development trend of the world.
To be honest, my initial capital is not just 500u, it's around 7000u. Through various ineffective operations, my balance has dwindled to this amount.
I am currently recording operations on Binance Square, reflecting and summarizing daily, conducting transactions, and optimizing my trading logic, as perseverance leads to success.
Believe in yourself, believe in crypto, believe in Binance, believe in BSC.