same thing happened with me, I bought without any knowledge and now I'm down with 2000 usdt, I really want to learn but just don't know how. could you please guide, how can I learn
Islam_Ambassada
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The Coin Maxis Ideology: “Never Sell Your Coin”—A Costly Illusion
One of the most dangerous ideologies in the crypto space—especially for beginners—is the belief that you should never sell your coins. I was once a victim of this mindset 8 years ago.
Back then, I was a Bitcoin Maxi, constantly telling people to hold and never sell. I was programmed to believe the market would always be bullish. Whenever someone mentioned the possibility of a market decline, I saw them as pessimists or even as “bad actors” trying to spread fear. But everything changed when I took crypto education seriously and studied the market deeply.
I began to understand market cycles, price action, and the strategies used by experienced traders. That’s when I realized how much I had been fooled by the illusion of eternal bullishness.
Note⚠️📌 Coin cultist exist in all coins not just coins like BTC,XRP,SOL or those I will be using as an example in this article.
The Truth About Market Cycles
Big players in the market always find reasons to sell—it just never appears straightforward. They take profits at key points in the cycle, yet they tell the public to HODL forever. Why? Because for them to make money, someone else has to be on the other side of the trade. If you’re holding blindly without understanding market movements, your capital is essentially being turned into their profits.
Check bitcoin chart 😊📌
$BTC
The market moves in cycles, especially on higher time frames, because major institutions—such as governments and billionaires—trade in predictable patterns. They always take profits at market peaks and buy back at lower levels. However, unless you have experience, you may not recognize these moments, as they often use negative news as a cover to execute their profit-taking strategies.
The idea that a market will keep going up forever is a dangerous myth. Every market experiences declines—this is natural and necessary for long-term growth. Profit-taking is part of the game, and recognizing when to sell is just as important as knowing when to buy.
$SUI
This is also another example ⬆️⬆️⬆️⬆️☑️
Avoid Emotional Trading & Market Cultism
One of the biggest mistakes traders and investors make is approaching the market with emotions or a “cult-like” mindset. To succeed, you must detach from ideologies and focus on market fundamentals, price action, and technical analysis.
If you want to be a trader or a short-term investor, the hardest questions you must learn to answer are:
• When exactly should I buy?
• When exactly should I sell?
The only way to navigate the market safely is to think like the big players rather than being manipulated by them. Study the market, understand its cycles, and make informed decisions—because in this game, knowledge is your greatest asset.
Those who have followed me can confirm that I spotted the Bitcoin crash signal early 📌. I sold ahead of time and have since traded its volatility multiple times, taking advantage of market movements ❤️. This doesn’t mean I dislike Bitcoin or any other altcoin—I apply the same strategy across the board. I’m simply a trader 😊 and you must be .
📌 This might be my last post addressing the maxi mindset of novice traders. In this market, if you don’t study, you’ll bleed alone.
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#BinanceAlphaAlert #MarketRebound
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.