One of the most terrifying thoughts during a bull market is that when a token rises, one feels it will continue to rise, and immediately chases the increase, believing that the bull market is endless. Conversely, when a token falls, especially when it drops below the cost line, one immediately panics and liquidates their position as if the sky is falling. Ultimately, this leads to death by chasing highs and selling lows, and just when one has sold, the price jumps back up, resulting in a frantic cycle of buying and selling.

It may be wise to adjust your position; if it is lighter, it might not be so emotionally taxing. A good practice is to gradually take profits, but please do not liquidate completely, as you may miss out on future gains after exiting.

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