Spot Player's Confession: Why Do I Hold and Not Sell, Yet End Up Losing Even More?
Do you also think that trading spot is 'safer' than contracts? As long as you don't touch leverage, you can just play dead and wait for the price to recover?
The truth is: 80% of spot traders ultimately perish because of the two words 'hold on'.
1. What you think of as 'value investing' is actually self-hypnosis
Buying at the peak, comforting yourself with 'long-term holding', only to buy more as it drops, finally discovering that the project team has run away.
Having doubled your investment but unwilling to sell, thinking 'let's wait a bit longer', only to see the market plummet, profits vanish to zero.
Watching others become rich through contracts, while you hold onto spot and end up as 'old leeks', eventually losing even your principal. Spot trading is not guaranteed profit, but rather a case of boiling frogs in warm water—by the time you realize it’s hot, you can no longer jump out.
2. Why do you always sell too early or get stuck?
Because you lack a strategy and rely entirely on emotional trading:
Afraid to sell when it rises, afraid to cut losses when it drops—resulting in perpetual regret.
Blindly believing in 'holding on', yet unaware that some coins may never return to their previous highs.
Going all in, holding on tightly, and ultimately just comforting yourself with 'consider it a bank deposit'.
Real spot trading experts are not those who 'hold on', but those who 'know when to sell'.
3. If you want to make money in spot trading, you must learn these 3 tricks
Strategy first:
Are you doing long-term or short-term (altcoin rotation)?
What is your target profit? Withdraw once you reach it, don’t be greedy!
Stop-loss is more important than taking profit:
A 10% loss is tolerable, a 50% loss is your problem;
Don’t wait until it’s zero to ask: 'Can this coin still survive?'
Position management determines life and death:
Don’t go all in; buy and sell in batches;
Keep cash to average down, don’t let yourself passively 'play dead'.
4. The last heart-wrenching truth
'Holding on' is not a skill; knowing when to sell is.
Do you think spot trading is guaranteed profit? In fact, 90% of people are making the same mistake...
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