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I have suffered quite a few losses during TAO's fluctuations. It was only later that I realized there are indeed opportunities to short repeatedly during downward trends, but such violent declines are often the easiest to get caught in traps. After changing my strategy, I would place partial take-profit orders in advance at the expected target levels whenever I held a position. It sounds simple, but this method really works against spike-like market movements.
I still remember an experience from October last year. At that time, I was bullish on Bitcoin while simultaneously shorting altcoins. The key was that I preset take-profit orders for the altcoins at low levels. As a result, not only did I protect my long position in Bitcoin during that wave, but I also made a good profit on the altcoins. In simple terms, it’s about letting market volatility work for you instead of passively taking hits. With thorough preparation and proper execution, you can retreat unscathed even in fierce market conditions.