In the world of crypto trading, it’s easy to panic during market dips, especially when your losses are mounting. But here's the key advice: do not sell your coins, no matter how deep your losses may seem. Even if you're down half of your capital in spot trading, selling only locks in those losses. Stop losses can be a trap designed to push you to sell at a low, allowing large investors with billions to swoop in, acquire your coins, and profit when the market rises again.
Cryptocurrencies are limited in supply, and this market is driven by long-term technological growth, not short-term fluctuations. Major players thrive on these market dips, but the coins you hold are tied to real-world projects with staying power. It’s crucial to focus on coins with solid projects and reputations—those will recover and increase in value over time.
Remember, losses are temporary if you hold strong. Your coins won’t go to zero; in fact, after hours, days, or weeks, the market can rebound. Resist the urge to sell at a loss. With patience, the market will rise, and so will your profits.