We need to talk about a common phenomenon among retail investors, which is that everyone seems to prefer 'taking profits and holding losses.'

What does this mean? It means that when the coins in hand have made a profit, people think they can sell them;

But when the coins are at a loss, they hold on tightly and are reluctant to sell.

This has almost become a 'chronic issue' for retail investors!

You see, the more the price of the coins drops, the more conflicted people feel, the more reluctant they are to sell, always thinking maybe it will rise again at some point.

However, if the price of the coins rises, they are actually more likely to sell, fearing that the profits in hand might fly away.

This is actually a common human flaw, and this mindset needs to change!

From now on, remember, for coins that have risen, don’t rush to sell; keep holding;

And for those that have dropped, don’t get tangled up anymore, just treat it as if you’re starting to hold them, forget about past losses, and focus only on the present. Only then can you make better decisions.

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