๐ก๏ธ๐ฅ THE TRUTH: โYOUโRE NOT LOSING UNTIL YOU SELLโ IS A LIE! ๐ซ๐
CLAIM YOUR FREE GIFTS ๐๐๐๐
About four years ago, I got into crypto because a friend recommended it. Everyone was talking about Binance, so I signed up quickly. I started buying the coins my friends were hyped about. After a few small wins, I felt confident โ so I put all my savings into crypto, about $12,000. ๐ฐ
But then things changed. I had jumped in near the end of a bull run. Prices started dropping fast. Everywhere on social media, I kept hearing this phrase:
โYouโre not losing if you donโt sell.โ ๐
I believed it. So, I held onto everything. I didnโt sell. But the market kept falling.
Hereโs the hard truth:
Holding doesnโt protect your money โ it can just lock you into losses.
If I had used stop-losses and followed a proper strategy, I could have cut my losses early and looked for better chances. Instead, I waited too long โ and it cost me.
What helped me a little?
A coin called SWRV. It was risky and later got delisted, but during one of its pump-and-dump cycles, I used stop-losses and sell orders smartly. I managed to grow my holdings and recover part of my loss. It wasnโt luck โ it was strategy. ๐ฏ
๐ Key Lessons:
โ๏ธ Donโt follow advice blindly โ even from friends.
โ๏ธ Donโt fall for the โno loss unless you sellโ myth.
โ๏ธ Use stop-loss โ it can protect your money.
โ๏ธ Learn how the market works and follow a plan.
โ๏ธ Your investment money is precious. Respect it.
โ ๏ธ This isnโt financial advice. Always do your own research before investing.
๐ Like, share, and comment if you found this helpful!
๐ฌ Got a similar experience? Share your story below!
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