Watching CX's short-term surge, I got greedy and jumped in, only to find that the other side of TeNiuCoin had already started to gain momentum. By the time I realized and tried to salvage, I had already taken the hit. This is the so-called picking up sesame seeds and losing the watermelon—chasing hot topics ends badly.
Such things happen every day in the market. Some coins can indeed double quickly, but often those with solid fundamentals and practical applications are overlooked. By the time you realize the price difference, it's usually too late. What's more painful is that rushing to cut losses often results in hitting the lowest point.
Many people have fallen into this trap, and the lesson is: the cost of rushing is missing out on real opportunities.
View Original
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.
9 Likes
Reward
9
6
Repost
Share
Comment
0/400
StakeTillRetire
· 11h ago
Chasing hot topics is really devilish; a single craving and it's all over.
Damn, this is exactly how I felt last week, mentally exhausted.
Those with strong fundamentals can't even move up, so ironic.
In a rush to buy the dip but end up getting crushed, losing so much I doubt my life.
Next time, I need to stay calm, or I'll always be the bagholder.
View OriginalReply0
MetaverseLandlady
· 11h ago
Well, this is the fate of riding the trend. Every time I think I can buy the dip
I've seen this too many times. Chasing hot topics is really a gamble with nine lives
Projects with strong fundamentals are often ignored, which is ironic
Stop-loss is also painful; not stopping loss is even more painful. Anyway, it's all a trap
I just quietly watch others take the bait. I've learned my lesson
View OriginalReply0
SolidityStruggler
· 11h ago
Buying high and selling low is always the best way to be a perpetual rookie, I believe I'm not wrong.
View OriginalReply0
TopEscapeArtist
· 11h ago
It's the familiar story again... The technical indicators have already given signals, MACD has started to form a death cross, yet you're still chasing. This is what you call ignoring a bearish signal.
View OriginalReply0
RunWhenCut
· 11h ago
This is me again, got cut again, really deserved it.
I told myself not to chase highs, but I couldn't resist, and now I’ve taken on a hot potato.
Fundamentals are the key, but I kept thinking about quick doubling, and what happened? Everything went in the opposite direction.
Next time, I will stay calm and not chase these crazy coins, focus on holding valuable projects.
I'm the most timid when it comes to stop-losses, this bad habit needs to change.
View OriginalReply0
SmartContractPlumber
· 11h ago
This is a typical FOMO sucker on the scene... The risks of chasing gains and selling losses in contracts are just as deadly as re-entry vulnerabilities, both caused by poor risk control checks.
Watching CX's short-term surge, I got greedy and jumped in, only to find that the other side of TeNiuCoin had already started to gain momentum. By the time I realized and tried to salvage, I had already taken the hit. This is the so-called picking up sesame seeds and losing the watermelon—chasing hot topics ends badly.
Such things happen every day in the market. Some coins can indeed double quickly, but often those with solid fundamentals and practical applications are overlooked. By the time you realize the price difference, it's usually too late. What's more painful is that rushing to cut losses often results in hitting the lowest point.
Many people have fallen into this trap, and the lesson is: the cost of rushing is missing out on real opportunities.