💔 In the crypto world, what is the hardest part of trading? 🤔
In the crypto world, selling is always the hardest! It's not the method that's difficult, but the reluctance to part with profits and the greed for more gains. 🤑
Imagine this: in a bull market, your assets have soared to tens of millions, but when you wake up, they have dropped to 7 million. Would you sell? Newcomers might choose not to sell because they see a loss of 3 million. In contrast, seasoned traders who have experienced market fluctuations will be more rational, thinking that 7 million is still a profit. They will relax their mindset and treat that 3 million as a 'tribute' to the market. 💸
Many people only start selling when the market is lively, which is actually a reliable signal. When most people are excitedly making money, it's exactly the time you should consider withdrawing! But remember, never use this method to catch the bottom! Because fear and loss are difficult to quantify; whether the drop is 10%, 20%, or 50%, it feels very similar. 📉
Knowing when to sell is true wisdom. In this highly volatile market, maintaining rationality and clarity is the key to success! 🌟