$PLAY has issued two consecutive short signals. Regarding reducing positions, I have already explained the timing in the pinned post.
Currently, the coin price has achieved a 4.6x profit, and it's time to consider partial profit-taking. My advice on reducing positions has always been based on actual market corrections. You can compare the publication time; I am not speaking arbitrarily.
My specific suggestion is: **Reduce 70%, keep 30% of the unrealized gains for pursuing a bigger pattern**. This allocation can lock in most of the profits while avoiding exiting too early.
For subsequent operations, after reducing positions, continue to hold the remaining position and patiently wait for the target level. Keep this residual position without setting a stop-loss, to see if a bigger trend can develop. Of course, everyone's risk tolerance is different, and you can also choose to lock in profits based on your own situation. The key is to have a clear position management strategy.
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TradFiRefugee
· 01-15 21:38
4.6x is really enough to withdraw now, this wave indeed requires a bit of greed.
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The operation of reducing 70% and keeping 30% is okay, but I still feel mentally exhausted. Maybe just exit directly.
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There are two short signals issued, really should consider taking profits and securing gains.
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I'm a bit worried that a big trend might not emerge later. Can I really hold on with the current position?
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A clear-headed analysis, just afraid I can't execute it, and will be pulled back again.
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I agree with 70%, but I'm afraid I can't hold onto that 30%, it's too tormenting.
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The correction-based analysis is good, but will this short signal deceive us this time? Feeling a bit hesitant.
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YieldWhisperer
· 01-15 05:25
It's already 4.6x and you're still hesitating, haha, it's indeed time to take action.
I get the rhythm of reducing 70% and keeping 30%, it has the flavor of a conservative approach.
Not setting a stop loss on the tail position really shows courage.
This wave of correction is indeed a signal, right?
Bro, your timing this time was quite accurate.
The matter of reducing positions has been explained clearly, it all depends on each person's tolerance.
Still hoping for a bigger move after 4.6x, I admire this mindset.
It's been said in the pinned post long ago, and now it's just a repeat of that validation.
Keeping 30% to pursue a bigger pattern, a good idea indeed.
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DAOTruant
· 01-14 01:51
Still daring to keep 30% after a 4.6x increase, your courage is really something!
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PonziDetector
· 01-12 23:48
Still hesitating after a 4.6x gain, brother? You should have run earlier.
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SerumDegen
· 01-12 23:47
ngl the 70/30 split is just copium with extra steps, but hey... respectable risk management theater. 4.6x and you're still holding the tail? that's either genius or a liquidation waiting to happen lol
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OnlyOnMainnet
· 01-12 23:40
It's already 4.6x, still thinking about a bigger pattern, truly courageous.
Not setting stop-loss on the 30% tail position is a bold move, just gambling with mindset.
Reducing position by 70% is acceptable, a choice for the conservative.
Still holding positions after a short signal appears, this psychological quality is impressive.
Wait, I didn't see the pinned post, did I miss something again?
Really? 4.6x and it hasn't started running yet, greed is acting up again.
Is this what they call a clear mindset? It feels like an upgraded version of gambling.
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InfraVibes
· 01-12 23:38
It's already 4.6 times, and you're still hesitating about whether to reduce or not. Just go all-in with the remaining 30%. Greed is the biggest risk.
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AlphaWhisperer
· 01-12 23:37
It's a 4.6x increase, time to cash in, but holding onto 30% to gamble a bit might also be good.
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VibesOverCharts
· 01-12 23:34
It’s only just beginning, why still reduce positions when it’s already 4.6x?
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Reducing 70% and keeping 30% to chase the big pattern, I like this move.
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Another short signal, feels like there are signals every day haha.
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Isn’t it better to lock in profits directly? Why gamble on that 30%?
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Clear position management strategy is indeed crucial, but execution still depends on mindset.
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I didn’t see the pinned post, when exactly was that?
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Why not just go all out when it’s 4.6x? Why play with the heartbeat?
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This round of reducing positions is a bit conservative, still hoping for a bigger move.
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I really admire the move of not setting stop-loss, just see if it can hold.
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Feels like copying the previous operation logic again, but it’s indeed convincing.
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NightAirdropper
· 01-12 23:30
4.6x and still not running, this wave is really greedy... Wait, let me first check the pinned post
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Reduce position by 70 and keep 30, I've heard this theory many times, but has the last 30% really brought a big market move?
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I'm a bit worried about not setting a stop loss. Can you explain the logic in detail?
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Finally, someone dares to call for reducing positions. The group that was crazily adding leverage before is now suffering losses.
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Following your approach, it doesn't seem to be a big problem. The issue is that most people can't do it.
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Isn't it more satisfying to withdraw everything at 4.6x directly, instead of gambling on that last 30?
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Where is the pinned post? I can't find it. Am I too inexperienced?
$PLAY has issued two consecutive short signals. Regarding reducing positions, I have already explained the timing in the pinned post.
Currently, the coin price has achieved a 4.6x profit, and it's time to consider partial profit-taking. My advice on reducing positions has always been based on actual market corrections. You can compare the publication time; I am not speaking arbitrarily.
My specific suggestion is: **Reduce 70%, keep 30% of the unrealized gains for pursuing a bigger pattern**. This allocation can lock in most of the profits while avoiding exiting too early.
For subsequent operations, after reducing positions, continue to hold the remaining position and patiently wait for the target level. Keep this residual position without setting a stop-loss, to see if a bigger trend can develop. Of course, everyone's risk tolerance is different, and you can also choose to lock in profits based on your own situation. The key is to have a clear position management strategy.