Don't let effort lose to choices in the crypto world; many people believe that as long as they hold the coins and do not sell, the value will not decrease. However, in reality, when the market is bad or stagnant, many people still choose to cut their losses. Why does this happen?
First of all, money is always needed in life. Some people, after filling their positions, originally planned to make a little profit or wait to sell after a rebound to maintain their daily expenses. But once they are stuck, that money cannot be withdrawn. At first, they might be able to hold on for a day or two, but over time, they may not be able to endure it. Secondly, there are always many new hotspots and projects in the crypto world. Watching others make money while they have no money to participate can certainly make people anxious. Coupled with the losses from being stuck, it can make them even more anxious. At this point, many people might think: why not just cut everything and invest everything in a new project, maybe they can earn it back? But doing so often leads to even greater losses. So, how should one cope with this situation? Actually, there is a simple method: have a stable job in real life that can earn money to support the family. This way, even if crypto assets are stuck, there is still an income to maintain life. If there is no income in reality and everything is invested, it is really advisable to find a job to support oneself first. Stay away from the crypto world for a while and come back when the market improves or when one’s mindset stabilizes.
Finally, what I want to say is that if the entire market is not flourishing and most coins are stuck, then frequent operations at this time are actually very unwise. The profit and loss ratio is very poor, and it’s easy to lose more and more. So, in such situations, it’s best to say that those who understand know what to do.
The big one is coming next, I am preparing for the layout of the divine order that will soon begin!!!
Comment 33, I'm on board!!!
Impermanence brings impermanence brings impermanence!!!
Important things are said three times!!!
