At that time, did you not know the cryptocurrency named $BITCOIN?
coin_reactor
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Bullish
🌡️🔥HERE’S THE TRUTH: “YOU’RE NOT LOSING UNTIL YOU SELL” IS A LIE! 🚫📉
About four years ago, I jumped into crypto thanks to a friend’s recommendation. Everyone was talking about Binance, so I signed up right away. I started buying the coins my friends suggested. A few small gains made it feel sweet, and soon I transferred all my savings into crypto — around $12,000. 💰🔥
But reality hit fast. Turns out I entered during the final stretch of the bull run. Prices began to fall, and I was stuck. Social media was flooded with this classic line: *“You’re not losing if you don’t sell.”* 🙄
I believed it. I didn’t sell. I waited. And the market just kept going down. Here’s the painful truth: *Not selling doesn’t protect your capital — it just traps you.* Had I used a proper stop-loss strategy, I could’ve exited early and found new opportunities. But I didn’t, and that mistake cost me a lot. 😓🧨
💡 *What saved me (partially)?* A coin called *SWRV*. It was delisted eventually, but before that, it had a dump-pump pattern. I used stop-loss and sell orders to catch the moves, managed to grow my coin count, and recovered a bit of my loss. Risky, yes. But strategic action helped. 🎯🌀
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📚 *Takeaways:* ✔️ Don’t blindly follow anyone’s advice. ✔️ Don’t fall for the “no loss unless you sell” myth. ✔️ Use stop-loss — it’s your shield. ✔️ Study the market, build a strategy, and stay disciplined. ✔️ Always remember — your investment capital is hard-earned.
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⚠️ *This is not financial advice. Always do your own research before investing.* 👍 Like, share, and comment to help others stay informed! 💬 Got a similar story? Share it below! 👇 $LINK
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