End of a 1.5-year win streak. Nailed every major swing for 500 days — bear market, local bottom at 62K, the rip up — but gave back most of the unrealized profit by not taking any off the table. Didn't lose capital, but uPNL vanished, which feels the same.
Lesson: always derisk. I usually exit too early, so this time I held for the bigger move. Turned out holding too long was the mistake. Sometimes taking profit "too soon" is the right call.
Still bullish HTF. $BTC has 20 years of proof; being bearish makes no sense. Still holding spot and swing longs. But if we test 62.6K, my 75–76K continuation long stops out — that's the official "I was wrong" on this swing.
Current positioning:
Long 75–76K → inval 62K
Long 62.6K → inval 31K (cross margin)
Spot 65.9K → no inval
$BTC retraced over half the move. Now we see if a base forms.
Humbling, but necessary. Being right all the time gets boring — no challenge. Round-tripping gains stings, but it resets the mindset. Back to the drawing board.
Stay humble. Take profits. Nobody goes broke locking in gains.
Judge me on my losers — I have very few.
Lesson: always derisk. I usually exit too early, so this time I held for the bigger move. Turned out holding too long was the mistake. Sometimes taking profit "too soon" is the right call.
Still bullish HTF. $BTC has 20 years of proof; being bearish makes no sense. Still holding spot and swing longs. But if we test 62.6K, my 75–76K continuation long stops out — that's the official "I was wrong" on this swing.
Current positioning:
Long 75–76K → inval 62K
Long 62.6K → inval 31K (cross margin)
Spot 65.9K → no inval
$BTC retraced over half the move. Now we see if a base forms.
Humbling, but necessary. Being right all the time gets boring — no challenge. Round-tripping gains stings, but it resets the mindset. Back to the drawing board.
Stay humble. Take profits. Nobody goes broke locking in gains.
Judge me on my losers — I have very few.