About four years ago, I got into crypto because a friend recommended it. Everyone was talking about Binance, so I signed up right away. I started buying the coins my friends suggested. Made a few small gains and got excited — ended up putting all my savings into crypto, around $12,000. 💰🔥
But reality hit quick. I had entered at the tail end of the bull run. Prices started dropping, and I was stuck. Social media was full of that classic line:
“You’re not losing if you don’t sell.” 🙄
I believed it. I didn’t sell. I waited. But the market just kept going down.
Here’s the truth: Not selling doesn’t protect your capital — it traps you.
If I had used a proper stop-loss strategy, I could’ve exited early and caught new opportunities. But I didn’t, and that mistake cost me a lot. 😓🧨
What helped me recover a bit?
A coin called SWRV. It was eventually delisted, but before that, it had a dump-pump pattern. I used stop-loss and sell orders to catch those moves, increased my coin count, and recovered some losses. Risky? Yes. But having a plan helped. 🎯🌀
Key takeaways:
✔️ Don’t blindly follow anyone’s advice.
✔️ Don’t fall for the “no loss until you sell” myth.
✔️ Use stop-loss — it’s your shield.
✔️ Study the market, build your strategy, and stick to it.
✔️ Remember — your capital is hard-earned.
⚠️ Not financial advice. Always do your own research before investing.
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