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.
SKYAI-2.79%
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ServantOfSatoshivip
· 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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BetterLuckyThanSmartvip
· 12-12 17:36
Losing 30,000 and still hesitating, brother you should have cut your losses long ago --- A year's worth of takeout money, now you're really regretting it --- Adding positions to average down? Are you trying to turn around or jump off a building? --- The technical analysis looks good but the result is the same, which suggests your technical analysis might be flawed --- If you're stuck, reflect carefully and stop listening to rumors --- If you really don’t understand, don’t trade futures. This thing is just a tax on IQ --- Trading small coins like SKYAI long is asking to get trapped, haha --- If you can’t hold on, just sell. Don’t overthink it, watching K-lines every day will only lead to depression
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BlockchainArchaeologistvip
· 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. --- That's a year's worth of takeout money... it must hurt a lot. But honestly, averaging down is basically just fooling yourself. --- If you're stuck, just watch it calmly—don't do anything more. --- SKYAI isn't showing any signs of improvement, which means there's a problem. Don't wait any longer. --- Cut your losses, cut your losses. Dragging it out will only make it worse, trust me. --- This is just absurd. Leverage trading really is a gambler's game. --- Here's a suggestion: next time, don't put your liquid cash into this. --- Averaging down is just self-consolation for losers, don't fall for it. --- Thirty grand is your tuition fee. If you lost it, just consider it a learning experience. --- People who rely on technical analysis always end up getting slapped by the fundamentals—you're not the first.
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SerumSurfervip
· 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.
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EntryPositionAnalystvip
· 12-09 20:30
Just cut your losses, bro. Stop holding on. --- That's a whole year's worth of takeout money, it hurts. --- Averaging down? That's gambler's thinking, don't do it. --- What's the use of technical analysis? It's just dumping right now. --- Should've exited this trade earlier, just accept it now. --- SKYAI is really something. I've seen people get stuck, but they still cut their losses and made it out alive. --- Don't listen to those telling you to average down, 99% of them are losing money. --- Why hold on to 30,000 yuan? Cutting your losses in time is being responsible to yourself. --- I can feel the pain seeing my account bleed, but holding on just makes it worse. --- Friend, cutting your losses hurts, but it's better than letting it rot. --- With contracts, if you've already lost, you need to make a decisive cut.
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