Hey guys! I'm tired of saying that we can't hold onto BTC positions!!
Every time it rises, we panic and sell, and when it drops, we fear being deeply trapped, only to watch the market soar?
Today, we must get to the root of the problem of 'not being able to hold on,' along with 3 practical tips that can help you lose less than 100k!
Why do you always struggle to hold on?
Greed is to blame; we always want to sell at the highest point.
"I'll sell when it rises by $1000!" But when it reaches $500, we start to panic, fearing profit loss?
The truth: even institutions can't perfectly escape the peak; why should ordinary people be able to do so? Set a reasonable profit-taking point and let the system handle it (like 20%~30%) without being greedy.
Fear rules us; we want to cut losses as soon as it drops by 5%.
Seeing the waterfall, we imagine it going to zero; after selling, we realize it was just a normal pullback??
I'll teach you: first, calculate whether "losing this money will affect your life"; use idle funds to play, and your mindset will be half stable!
No plan, just relying on feelings, staring at the market until you go crazy.
Watching the K-line jump around, emotions ride a rollercoaster; in the end, you can't hold on and get out??
Big tip: write a "script" before trading — decide where to add to your position if it drops, and where to reduce if it rises; execute according to the plan, look at the market less, and reduce anxiety!
Proven effective 'holding mindset'
Position management is key.
Don't go all in! Take out 10%~20% of your funds to play; even if it drops by 50%, it won't affect your life, and the probability of holding on doubles?
Use the "time dimension" to combat volatility.
Ask yourself: if this coin is locked for a year, would you still sell it now? Many short-term fluctuations, when viewed over a longer time, are just small ripples?
Finally, let me say something from the heart:
The essence of not being able to hold onto positions is a lack of confidence in your own judgment?
Instead of being tangled up in selling high, spend time studying the project's fundamentals, and understanding K-line patterns —
When you know "why you buy," you'll naturally know "why you hold on."
(PS: Newbies, don't touch spot trading; it's hard to hold on!!)
Remember: the crypto world is not lacking in opportunities; what's lacking is the patience to endure the cycles~
Let's be the smart ones who can hold on, and stop being the naïve ones chasing highs and cutting losses!