Cutloss is very painful, but holding onto profits is even harder – Why?

1. 🧠 The fear of losing profits

• When you have profits, you are likely to close early because you fear the price will reverse and you will lose all your gains.

• But if you rush too much, you will miss out on opportunities to double or triple your profits.

2. ⛔ The feeling of "enough already"

• The mindset of "taking early profits" makes it difficult for you to patiently hold your position when the market still has room to grow.

• Meanwhile, the big winners are always those who know how to stick to their profit-holding plan.

3. 📉 The obsession with "profits turning into losses"

• Just a slight price adjustment, and you will fear that your profits will "evaporate."

• But the market always has rebound waves—holding onto profits isn't about watching every small fluctuation but looking at the bigger picture.

4. 🎯 No clear profit-taking plan

• If you do not set profit targets and signals for market reversal in advance, you easily fall into a confused state, leading to exiting trades too early or too late.

5. 🔥 The mindset of "recovering losses" after multiple cutlosses

• After several cutloss trades, you will tend to want to take small profits to "make up" for previous losses.

• This breaks your principles and makes you miss out on opportunities for larger profits.

In summary:

Cutloss is painful because of losing money, but holding onto profits is difficult because it requires patience and discipline. Successful traders not only know when to cut losses but also how to keep winning trades as planned.

"Learning to endure pain when cutting losses is the first step. But learning to be patient when profits rise is the secret to long-term success."$BTC