You lose money because of the FANATICISM you have for the coins.
They say that love blinds and it is true. Look at the BINANCE posts, many people are dying with a project. It is good and bad, everything in excess is bad in this life.
It is good because you show long-term interest in a project (coin)
Bad because that fanaticism
makes you trust blindly and not accept criticism towards that coin (project.,) coins are just an asset to get more money than you invested
There are CYCLES to sell and buy
$USUAL a recent example of fans who wanted it to go to 5 dollars and have held their position of not selling and now the coin is correcting
Do you know how you would have gotten more money? By selling at its peak and buying back now, you could even take a profit for yourself, for Christmas gifts, a pizza (examples) and buy more usual because you got a bigger profit. If before you bought, for example: 109 Usual Tokens, now you can buy Christmas gifts and buy 200 Usual tokens and wait for it to go up in price again. But you didn't do it because you're a fanatic.
And not only those who have Usual but other people who don't understand the cycles 🔁
Do you expect your currency to be the new BITCOIN that goes up to 10 thousand dollars in one day?
Another example You can invest: a thousand dollars and another friend of yours, family member, invest the same. A thousand dollars and give them for those thousand dollars, example: (100 tokens of X currency) but if he understands the cycles, in the end he will have 2 thousand tokens and you only 100 tokens. Do you know why?
Because he understood the cycles 🔁 he took profits, enjoyed the profits, diversified his profits into other assets and made more money.
My favorite quote: Taking profits is not “betraying” the project