I recently discovered that 99% of retail investors fall into the same deadly habit. Yes, it's really life-threatening! If you don't believe it, just keep reading. #BTC

Many people buy a coin and when it starts to drop, they just can't bear to cut their losses, always thinking: "I'll sell when it rebounds a bit."

What happens? Today it rebounded but they didn't sell, then it dropped 2 points and they think: "I'll wait a bit longer." The next day it rebounds and drops again, they console themselves: "There's no opportunity to sell," and even when it drops 3 points, they still do nothing. #加密市场反弹

On the third day, it rebounds 1 point, they look at their account and see they're still losing, gritting their teeth saying: "I won't sell until I break even!" (Although sometimes it can rebound, never gamble on such low-probability events.)

In the end, they watch it decline steadily by dozens of points, not only losing all the previous gains, but also risking their principal.

This is the most deadly trading misconception—refusing to cut losses. No matter how much you've made before, as long as you hold onto a losing position once, all your profits can evaporate in an instant, even risking your initial capital.

#Cryptocurrency total market value returns to 30 trillion

I've observed many seasoned traders who truly make money, and their ironclad rule is: cut losses as soon as a breach occurs, without hesitation, and then re-strategize for the next trade.

Of course, I'm not completely against holding a position. If it's a value coin that has been deeply researched, it might be worth buying more as the price falls (but this situation is rare).

What's the key point? Before entering a trade, you must think ahead: "How much can I afford to lose on this trade?" Instead of waiting until it drops and then fantasizing: "I'll run when it goes up a bit more" (in fact, when it really drops, 99% of people can't bring themselves to act).

Trading isn't about luck; it's a long survival game.

If you want to survive in this ruthless market, you must change this deadly habit. Remember, before making a trade, ask yourself: "Where is the bottom line for this trade?" Don't wait until your account is bleeding red to regret not pressing that sell button decisively back then.

This market changes every day, you need to seize the right moment to act. If you're still too confused, you can follow me. I usually share some cutting-edge information and practical strategies. Feel free to come and discuss anytime, and let's seize the big opportunities together!