Since the drop from 1500, I have developed fantasies about it again. Now it seems to be worth observing. I will go again to 1650 to gradually clear the additional position from today. If there are further declines, I will allocate the position to Bitcoin at $ETH .
Fear of missing out after cutting losses, or receiving a price higher than the cut loss, can lead to endless anxiety, which may result in over-investing and ultimately blowing up your account.
The correct action is to cut losses and wait for stabilization or for a better price pattern or indicator to appear before re-entering. This is the right approach; cutting losses and re-entering is not about chasing a lower price, but rather seeking higher certainty.
Assuming you are going long, in a downtrend, if you want to catch a bottom on the right side and bet on a reversal, it will be difficult to catch it in one go most of the time. However, if you set a stop loss each time, and the first and second attempts are incorrect, then the probability of success on the third attempt increases. Understanding this will make it easier for you to let go of cutting losses.
Everyone has their own opinion on the market, but ultimately it depends on how the market moves. It's important to stay away from noise and think independently $BTC
What tariffs, what interest rate cuts, what trade wars, what Trump, what NQ, all blocked out. Why think so much? When risks and opportunities arise, excessive thinking is far less effective than taking direct action. In a narrow path, the brave win. There is never a lack of courage and determination to draw the sword! $BTC