Crypto飞哥
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After waking up from a deep sleep, the market has dropped a lot again. This is why my strategy advises everyone to trade in cycles; when it's time to sell, just sell, don't hold on too tightly.
Many people believe that holding onto physical assets will keep them secure, and they aren't afraid of price drops, thinking that since they still have their coins, they can just wait for the price to rise again. But the reality is that this is actually a fatal misconception.
The biggest danger of holding physical assets is not the sharp decline but rather the numbness to risk it creates. When the price drops, you comfort yourself by saying, "It's fine, it will eventually go back up." When it finally does rise, you become reluctant to sell, and as a result, you face a round of corrections, with profits going to zero and even your principal slowly evaporating. The most fatal aspect is that you become accustomed to these ups and downs until one day, the market plummets, and you realize you've trapped yourself, even falling into a **"drop 10% wait for rebound → drop 80% delete APP"** vicious cycle.
Compared to contract traders who set stop losses and make quick trades, physical asset holders are more prone to underestimating the risks of a project. The real risk is not market volatility, but your ignorance and negligence towards risk. By the time you realize you’ve stepped into the trap of boiling frogs in warm water, it might already be too late.
Many people believe that holding onto physical assets will keep them secure, and they aren't afraid of price drops, thinking that since they still have their coins, they can just wait for the price to rise again. But the reality is that this is actually a fatal misconception.
The biggest danger of holding physical assets is not the sharp decline but rather the numbness to risk it creates. When the price drops, you comfort yourself by saying, "It's fine, it will eventually go back up." When it finally does rise, you become reluctant to sell, and as a result, you face a round of corrections, with profits going to zero and even your principal slowly evaporating. The most fatal aspect is that you become accustomed to these ups and downs until one day, the market plummets, and you realize you've trapped yourself, even falling into a **"drop 10% wait for rebound → drop 80% delete APP"** vicious cycle.
Compared to contract traders who set stop losses and make quick trades, physical asset holders are more prone to underestimating the risks of a project. The real risk is not market volatility, but your ignorance and negligence towards risk. By the time you realize you’ve stepped into the trap of boiling frogs in warm water, it might already be too late.
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