Waking up to a sea of green again, it seems I really have to set a stop loss. Rather than stubbornly holding on, I might as well accept this loss; it's a lesson learned.

Upon careful consideration, I did hear many voices saying that once the trading competition ended, the coin prices would drop, and now it really seems to be the case. However, this loss is worthwhile, as I have at least understood one principle — the enthusiasm of the trading competition and the real market trend are sometimes truly two different things.

Next time you operate in a similar market situation, you need to be more cautious. Instead of pursuing perfection, it’s better to implement a timely stop loss to protect your principal. There are plenty of opportunities in the market, so why hang yourself on a single tree.