Currently, the price of Bitcoin is close to 87,000, and all the goods I received are floating profits!
Actually, sometimes trading is very metaphysical. I sold the position I received at 88,000 with a stop loss between 88,000 and 92,000.
If I hadn't set a stop loss at that time, I estimate I would have invested at least 60-80% of my position between 81,000 and 84,000. Now it has rebounded to 87,000, and I could have made more profit with a larger position during the rebound.
However, due to the bearish market trend, I didn't want to take a large position.
So I set a stop loss at 87,000 and bought 30-40% of my position between 82,000 and 84,000, thinking I would go all in if it reached the extreme position of 74,000.
Did I make a mistake? From the result, it seems I did.
After all, I earned less. Currently, I have only returned to the profit of the goods I received at 88,000 to 92,000, which peaked at 93,000.
But from the perspective of 'making a rebound in a bear market, it can be not profitable, but not a big loss', I did the right thing.
After all, I preserved funds, made money off-market, and gradually invested at the bottom by the end of next year, which can lead to more certain profits.
Different operations correspond to different mindsets and different risk preferences.


