🌡️🔥 THE TRUTH: “YOU’RE NOT LOSING UNTIL YOU SELL” IS A LIE! 🚫📉
About four years ago, I got into crypto because a friend recommended it. Everyone was talking about Binance, so I signed up quickly. I started buying the coins my friends were hyped about. After a few small wins, I felt confident — so I put all my savings into crypto, about $12,000. 💰
But then things changed. I had jumped in near the end of a bull run. Prices started dropping fast. Everywhere on social media, I kept hearing this phrase:
“You’re not losing if you don’t sell.” 🙄
I believed it. So, I held onto everything. I didn’t sell. But the market kept falling.
Here’s the hard truth:
Holding doesn’t protect your money — it can just lock you into losses.
If I had used stop-losses and followed a proper strategy, I could have cut my losses early and looked for better chances. Instead, I waited too long — and it cost me.
What helped me a little?
A coin called SWRV. It was risky and later got delisted, but during one of its pump-and-dump cycles, I used stop-losses and sell orders smartly. I managed to grow my holdings and recover part of my loss. It wasn’t luck — it was strategy. 🎯
📚 Key Lessons:
✔️ Don’t follow advice blindly — even from friends.
✔️ Don’t fall for the “no loss unless you sell” myth.
✔️ Use stop-loss — it can protect your money.
✔️ Learn how the market works and follow a plan.
✔️ Your investment money is precious. Respect it.
⚠️ This isn’t financial advice. Always do your own research before investing.
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