When it rises, you want it to rise again; when it falls, you fear it will drop to zero.
Newcomers often chase the rise and panic sell during the fall, leaving their accounts in the red.
Those who survive are often the ones with a mindset as steady as an old dog.
You can set a strategy, such as taking profits at 30% gain.
Stop loss at 10% drop, and stick to it strictly.
Don't let greed and fear ruin you.
I used to know a guy, in 2023 BTC dropped from 60,000 to 40,000.
He didn't set a stop loss, thinking it would eventually come back. What happened?
His account was halved. When I told him to hold on, he feared it would drop further.
In the end, he sold at a loss, unable to hold on, and his mindset crumbled. He lost everything while the big pie continued to rise in waves.
BNB was a comfortable 8x gain.
Fans who got in on this wave will have a night of fun with models!!!
The cruelest thing in the crypto world is not the market, but every opportunity you missed!