The pain of moving stops on $BTC

I had a position open on $BTC from around 29k earlier this year, feeling pretty good about the breakout potential. My initial stop was solid, just below a key support zone that had held up nicely on a couple of retests. As price started grinding higher, I got a bit antsy about getting stopped out prematurely if there was a swift pullback. Convinced myself that adding a bit more wiggle room below the stop was 'smart risk management' to avoid being shaken out.

Of course, a few days later, a sharp liquidation event hammered us right through my new, wider stop. It went straight through the original stop too, but the point is, I moved it, and it cost me significantly more than if I'd just let my initial plan play out. Learned the hard way that second-guessing your initial, well-thought-out plan in real-time is often just introducing emotional bias. Still stings thinking about it.