SKYAI completely broke me this time. I lost 30,000 directly by going long on the contract. This money was what I saved after delivering food for an entire year, and now looking at that number in my account, my heart is bleeding.
I originally thought this coin had good technicals and could rally, but now I’m completely trapped with no sign of a rebound at all. Now I’m really stuck: if I close the position, the loss is already huge and I can’t accept it; if I keep holding, I’m afraid it’ll drop even more.
Has anyone else been in a similar situation? Any advice? Should I just accept the loss and close, or add more to average down and try to make a comeback? What’s the best way to operate this position to minimize my losses? Sincerely asking for help.
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ServantOfSatoshi
· 12-12 20:17
Bro, don't panic. This is just the daily life in the crypto world.
We've also seen SKYAI before. No matter how good the technology is, it can't withstand a dump.
Three万bucks saved over a year, I understand the pain, but accepting the loss now is less painful than holding on and getting trapped.
Add more to lower the average? Honestly, that's a gamble—betting on a rebound. But you haven't even seen any signs of a rebound yet.
It's better to cut losses first, wait for this wave to pass, and keeping bullets is better than being trapped and dying.
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BetterLuckyThanSmart
· 12-12 17:36
Losing 30,000 and still hesitating, brother you should have cut your losses long ago
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A year's worth of takeout money, now you're really regretting it
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Adding positions to average down? Are you trying to turn around or jump off a building?
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The technical analysis looks good but the result is the same, which suggests your technical analysis might be flawed
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If you're stuck, reflect carefully and stop listening to rumors
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If you really don’t understand, don’t trade futures. This thing is just a tax on IQ
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Trading small coins like SKYAI long is asking to get trapped, haha
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If you can’t hold on, just sell. Don’t overthink it, watching K-lines every day will only lead to depression
View OriginalReply0
BlockchainArchaeologist
· 12-09 20:46
Bro, this is the curse of the crypto world. No matter how good the technicals are, they can't withstand one word from the market.
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That's a year's worth of takeout money... it must hurt a lot. But honestly, averaging down is basically just fooling yourself.
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If you're stuck, just watch it calmly—don't do anything more.
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SKYAI isn't showing any signs of improvement, which means there's a problem. Don't wait any longer.
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Cut your losses, cut your losses. Dragging it out will only make it worse, trust me.
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This is just absurd. Leverage trading really is a gambler's game.
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Here's a suggestion: next time, don't put your liquid cash into this.
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Averaging down is just self-consolation for losers, don't fall for it.
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Thirty grand is your tuition fee. If you lost it, just consider it a learning experience.
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People who rely on technical analysis always end up getting slapped by the fundamentals—you're not the first.
View OriginalReply0
SerumSurfer
· 12-09 20:40
Bro, this is really tough. A year's hard-earned money gone in an instant.
Wait, good technicals? SKYAI's technicals have already broken down a long time ago, seriously.
Don't add more to your position, really. I've seen too many people get in deeper and deeper this way.
View OriginalReply0
EntryPositionAnalyst
· 12-09 20:30
Just cut your losses, bro. Stop holding on.
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That's a whole year's worth of takeout money, it hurts.
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Averaging down? That's gambler's thinking, don't do it.
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What's the use of technical analysis? It's just dumping right now.
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Should've exited this trade earlier, just accept it now.
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SKYAI is really something. I've seen people get stuck, but they still cut their losses and made it out alive.
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Don't listen to those telling you to average down, 99% of them are losing money.
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Why hold on to 30,000 yuan? Cutting your losses in time is being responsible to yourself.
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I can feel the pain seeing my account bleed, but holding on just makes it worse.
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Friend, cutting your losses hurts, but it's better than letting it rot.
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With contracts, if you've already lost, you need to make a decisive cut.
SKYAI completely broke me this time. I lost 30,000 directly by going long on the contract. This money was what I saved after delivering food for an entire year, and now looking at that number in my account, my heart is bleeding.
I originally thought this coin had good technicals and could rally, but now I’m completely trapped with no sign of a rebound at all. Now I’m really stuck: if I close the position, the loss is already huge and I can’t accept it; if I keep holding, I’m afraid it’ll drop even more.
Has anyone else been in a similar situation? Any advice? Should I just accept the loss and close, or add more to average down and try to make a comeback? What’s the best way to operate this position to minimize my losses? Sincerely asking for help.