Not every trade is worth taking—sometimes the real skill lies in knowing which opportunities to skip. This discipline separates profitable traders from those who chase every move. Consider $XRP as a case study. The key isn't just spotting potential gains; it's having the conviction to stay on the sidelines when conditions aren't aligned with your thesis. Selective position building protects your capital and maintains your conviction when you do commit. Before you own something, ask yourself: Does this fit my strategy? Am I buying because of fundamentals or FOMO? The best trades are often the ones you didn't take because they didn't meet your criteria. Build your positions thoughtfully, not impulsively.

XRP-0,24%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 3
  • Repost
  • Share
Comment
0/400
AirdropLickervip
· 16h ago
That's right, self-control is the real skill. I tend to get easily caught up in FOMO, wanting to copy everything, and the biggest losses actually come from these impulsive buys. I couldn't resist during that XRP surge... and I'm still stuck in it now.
View OriginalReply0
PuzzledScholarvip
· 16h ago
To be honest, holding a vacant position is also a trading skill, and this point is indeed easy to overlook.
View OriginalReply0
HashBrowniesvip
· 16h ago
Well said, but most people just can't resist that FOMO mentality. When they see XRP rise, they want to go all in, and end up cutting their losses.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)