The most concerning thing in an uptrend is not choosing the wrong coin or missing out on a coin that hasn't increased, but selling too early.
• The most explosive phase of altcoins usually occurs at the end of the uptrend cycle. This is when coins can double or triple overnight. If you sell too hastily when the market has just slightly increased, and then watch the price continue to 'soar,' you may easily fall into a state of regret, FOMO, and buy back at the peak. The consequence is chasing the peak and getting stuck in the market.
• Remember: After every major peak, there is always a significant correction. Not every new peak is higher than the previous one. Only a few strong coins like $BTC, $ETH, or major trends like the Metaverse have the ability to maintain strength, while most altcoins will fall into deep declines and struggle to return to their previous peaks.
🔑 Advice:
• Maintain a strong mindset: Don’t sell just because you see others selling; their strategy and capital are not the same as yours.
• Identify your position in the cycle: Ask yourself if the market has really entered the 'FOMO peak' phase or not. If unsure, patiently hold your coins and observe further.
🧠 This market is not for the impatient. The winner is always the one who controls their emotions well, is patient, and has a clear plan.
Conclusion: Don’t let hasty decisions defeat you. Calmness and rationality are the keys to navigating through the market's storms.