You are reluctant to cut losses, which is actually an unwillingness to accept your own judgment.

Cutting losses is one of the actions that retail investors are least willing to face.

Many people do not lack an understanding of risk control, but are unwilling to admit they were wrong.

What they are thinking is:

"Maybe it will rebound soon?"

"If I cut, I will really lose; holding on might bring it back."

"Others are still holding, why should I sell?"

As a result, a small loss that could have been resolved gradually turns into a halved position or a deep loss, ultimately leading to a liquidation.

Cutting losses is not admitting defeat, but respecting probability.

You need to understand:

In the crypto world, making mistakes is the norm, but procrastination is fatal.

Experienced traders cut losses quickly because they know:

Money can be lost, but the rhythm must not be disrupted;

Once emotions are out of control, the next trade is more likely to fail;

If you miss this opportunity, there will be another, but the principal must remain.

Beginners see cutting losses as "losing face";

Experienced traders see cutting losses as "exchanging for another ticket."

What you need to learn is: be able to lose, win steadily, act quickly, and wait patiently.

True experts never confront the market head-on, but are always ready to admit they were wrong.