I invented a term called 【Position Comfort Level】
In summary, if you want to hold for a long time and earn more, you must pursue a high 【Position Comfort Level】
In simple terms, the more comfortable you are holding a coin, the better. Ideally, you hold it at zero cost; otherwise, it’s a daily hassle, and you can't hold onto anything and earn.
For example:
1. During a bad market phase, a coin drops from its high and stays flat for one or two months, but the team is working very hard during this time.
At this point, there is very good news that you see, and you buy in when the market hasn’t moved much. The market improves and keeps rising.
-> High Position Comfort Level
$VIRTUAL
2. You spot a concept and look for the corresponding memecoin, setting a position at 10K.
Later, the concept is gradually discovered, and at 20K, you double your investment, so you hold it tightly at no cost and ignore the dealer's market manipulation.
-> High Position Comfort Level
$DORO
3. You see others hyping a token, and you notice a huge green candle online and can’t help but buy immediately.
As soon as you buy, it corrects, and it never returns to the cost line afterward. Occasionally, it touches the cost line only to drop again, and you watch your position with a floating loss of 20%-50%, sighing daily about when you can break even.
-> Low Position Comfort Level
4. You see a SOL presale that others are pouring into, but you’re uncertain. Eventually, you can’t hold back and invest a lot.
As a result, you’re anxiously waiting for the opening every day, fearing a rug pull. Sometimes you earn a bit as an investment, and sometimes you lose a significant amount as the project team plays tricks to harvest.
Will you invest next time? You're uncertain again.
-> Extremely Low Position Comfort Level
$LINUX
All of the above is a summary of my personal real experiences.
In the crypto world, there are a few sayings everyone knows:
"Buy right, buy more, hold long."
"Buy when no one cares, sell when everyone is talking."
So how can you hold for a long time? How can you hold until it’s bustling?
I believe it’s still about the Position Comfort Level. If you’re comfortable holding, you naturally hold longer.
When others buy in at the peak, you’ve already doubled your investment and have no cost, so of course, you hold longer.
When others invest all their wealth, you invest just one percent of your assets. If you lose, it doesn’t matter, so you’re certainly comfortable. Comfort means you hold longer.
Of course, everyone is different. Whether it's comfortable to hold or not is something only you can decide; you understand your own thoughts best.
Pursuing high 【Position Comfort Level】 operations
Abandoning low 【Position Comfort Level】 operations