đĄïžđ„HERE IS THE TRUTH: "YOU DON'T LOSE UNTIL YOU SELL" IS A LIE! đ« đ
About three years ago, I got into crypto thanks to a friend's recommendation. Everyone was talking about Binance, so I signed up immediately. I started buying the coins that my friends suggested. A few small gains made me feel good, and I quickly transferred all my savings into cryptocurrencies â about 12,000 $ đ°đ„
But reality hit quickly. It turns out I entered during the final phase of the bull market. Prices started to drop, and I was stuck.
Social media was flooded with this classic phrase:
*"You donât lose if you donât sell."* đ
I believed it. I didnât sell. I waited. And the market continued to drop.
Hereâs the painful truth: *Not selling doesnât protect your capital â it just traps you.*
If I had used an appropriate stop-loss strategy, I could have exited early and found new opportunities. But I didnât, and that mistake cost me dearly. đđ§š
đĄ *What partially saved me?*
A coin called *SWRV*. It eventually got deleted, but before that, it had a dump-pump scheme. I used stop-loss and sell orders to capitalize on the movements, I managed to increase my number of coins and recover part of my loss. Risky, yes, but strategic action helped. đŻđ
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đ *Conclusions:*
âïž Donât blindly follow anyoneâs advice.
âïž Donât fall into the myth of âthereâs no loss unless you sell.â
âïž Use stop-loss â itâs your shield.
âïž Study the market, build a strategy, and stay disciplined.
âïž Always remember â your investment capital is earned with effort.
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