💸 The most expensive mistake long-term holders make
Many think that "HODL and forget" is the perfect strategy.
And yes… holding long-term can be very profitable, but there is a mistake that, if you make it, can cost you a fortune.
🚨 The mistake: Not having an exit plan
Most focus on when to buy, but hardly anyone thinks about when to sell.
Result:
• They sell out of panic during a drop
• Or they never sell, see huge gains… and then the market eats them away
📉 Real example
Imagine you bought $SOL at $20 and it rose to $250.
Brutal profit.
But you didn’t take profits and, when the correction came, it dropped back to $80.
Profit reduced to less than half… in weeks.
✅ How to avoid it
1. Define clear objectives
• E.g.: "I will sell 20% if the price triples"
2. Diversify your profits
• One part to stablecoins, another to reinvest
3. Never rely 100% on your emotions
• Have a written plan before the price skyrockets
💡 Moral:
HODL does not mean closing your eyes and waiting forever.
It means keeping your vision… but with strategy.