❗️Top-3 psychological traps that make us hold too long on spot (and even worse on futures)
1. Hope bias
We believe the market must come back just because we already hold a position.
The mistake? We trade our ego instead of the chart.
And ego always loses.
2. Sunk cost fallacy
“I’m already -30%, I’ll wait at least to break even.”
The market doesn’t care where you bought.
That’s how bags appear — coins that drop -90% and stay there.
3. Fear of being wrong
Closing = admitting a mistake.
Holding = “maybe it will recover.”
The price of pride is usually bigger than the loss itself.
Real example from my trades:
I bought ZK at 0.028 and didn’t exit at 0.085.
Lost real profit because I believed “it will go higher.”
If you defeat these 3 dragons — your account will grow.
If this hit you, tell me what you think and follow.
