This is one of the 'classic' mistakes that almost everyone entering the market has made. You buy BTC at 70,000 USD, hoping it will rise to 75,000 USD. But right after that, the market turns around, and the price drops to 63,000 USD (loss of ~10%). In your mind, the familiar phrase echoes: 'It's okay, it will come back.' But instead of recovering, BTC continues to drop to 50,000 USD, then sideways for 2 whole months. The result: your capital is stuck, unable to rotate for other opportunities, and every day looking at the account in deep red adds more stress.

More dangerously, you start to find all sorts of reasons to stay: 'Whales are accumulating', 'This chart is about to breakout', 'Good news is coming soon.' But in reality, the price doesn't listen to you, and the small loss has turned into a huge loss.

For those who are not professionals, especially newcomers:

Before entering a trade, set a Stop Loss (SL) and consider it as the survival boundary of your account.

If you often break your SL due to the pressure of losses, reduce the trade size to a level that makes your mind lighter.

Avoid turning a losing trade into 'unintentional long-term investment' – new opportunities always arise, but only for those who still have capital.

Remember that hope is only useful when it is based on a plan and discipline. If it's based on emotions, hope will become the number one betrayer.

Has anyone ever 'held onto coins' for a month because they didn't cut losses?