#Altcoin 😲😲😲😲 market value is at a critical level. It has fallen below the 200-day trend line and is currently struggling to break the resistance level.
One of the hardest skills by far is "cutting losses.
It's the art of not letting a -20% loss become a -90% loss. Why is this so hard? It's because no one likes to admit that they're wrong.
So you listen to everyone else in your echo chamber that says to HOLD. Or you think back on all the stories of people who held, and it eventually pumped back up.
For me, I don't take it personally. It's not admitting defeat, it's taking back control.
Sometimes you have to retreat from a losing battle. This lets you maintain your soldiers, regroup, and eventually win the war.