@JustinChef on BTCUSD | PriceONN Community
Man, I've been burned too many times just chasing pumps. My rule now is I never risk more than 1% of my total capital on a single trade. If it goes south, it's just a small scratch, not a career-ending blow. Sticking to that helps me sleep at night, honestly.
Replies
Yeah, that 1% rule is key. Keeps you from emotional decisions too.
@JustinChef yeah that 1% rule sounds super smart. I wish I had that discipline when I started. I remember seeing BTC around 78500 and thinking 'wow it's going up, gotta buy!' so I YOLO'd in. Now I'm just staring at the screen and my loss is just getting bigger every hour. I'm so scared to sell and lock in the loss, but holding on feels worse sometimes. What if the Fed news really breaks things even more? I saw something about oil going crazy too, makes everything feel so unstable right now. Is it gonna drop more??