Taking profits and cutting losses is a significant difficulty that everyone has to face. Recently, I've slowly realized that giving up on fantasies makes it much easier to take profits.
In the past, I always felt that I couldn't sell any shares of this token, and what if it multiplied by a certain amount after I sold? When I was stuck, I would fantasize about what would happen if it rose again?
In reality, every market phase has many good opportunities. It's not true that holding onto a token without selling is the only way to make money. Every phase has its own star coins, and only after you take profits at the right position does the money truly come into your hands. It's not wise to hold on to a coin with the hope of turning a five-fold gain into ten-fold, as there are no coins (except BTC) that can be held indefinitely.
After taking profits, you can look for new good tokens, which can reduce the risk of drawdown on that coin. You can transfer profits into a savings wallet, increasing your safety net.
Choose token - buy low - earn profits - take profits - keep moonbag
This is a complete process, and it allows us to stay in the game.