The trader currently ranked number one in live futures PnL this week is sitting on $786,666 in unrealized gains and still has not taken a single dollar of profit.
Most traders I know would have already locked that in. They catch a big winner, watch the number climb, then panic-sell the first 20 percent pullback because the thought of giving it back is unbearable, or they get liquidated because they sized too aggressively with zero reserves left.
This one still has another $400K ready to deploy. That extra margin can push the liquidation price on this
$ZEC long all the way down to $300. The market can dump, shake, and try everything it wants. He is not going anywhere. After 7.5 years of this, through 2017 ICOs, the Uniswap launch,
$SOL meme season, NFTs, and the
$LUNA collapse, you stop treating every green candle like it might be the last one. The real edge is having dry powder when everyone else is already tapped out. Cycles always test you the same way. The traders who survive the parts that make the rest of the market tap out are usually the ones still holding when the next leg starts.
How do you actually decide when to take profits versus riding a position through this kind of volatility?
#ZEC #CryptoFutures #TradingWisdom