Those who can't stop will ultimately be taught by the market
Many people in the cryptocurrency world do not lose due to judgment, but rather because they "can't bear to exit."
You may have experienced the following situation:
Clearly, you have already made a twofold profit, thinking to hold on a bit longer, but end up giving back profits;
You were originally prepared to take profits, but then saw someone shout "it will rise more," so you continued to hold, only to end up deeply trapped;
After a successful short-term trade, without realizing it, you end up holding a long-term heavy position, losing everything back.
The root cause of these issues can be summed up in four words: unwilling to retreat in battle.
It’s not that you can’t make money, but that you can’t walk away.
The reason experienced traders can survive and continuously amplify their gains is that they understand:
Profits are volatile, and taking profits can realize gains;
Projects are dynamically changing, and when the logic disappears, it’s time to exit;
The market has cycles; when the trend weakens, you must decisively withdraw.
Newcomers view "missing out on gains" as more important than "locking in profits";
Experienced traders consider "preserving the fruits of victory" as their primary task.
Attachment to battle is a kind of obsession, and obsession is most frowned upon in the cryptocurrency world.
Learning to exit is a high-level skill.
Even the best projects will have a day when they peak; even the most beautiful market will have a moment when the tide recedes.
You are not defeated by the market, but by "unwillingness."
