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You bought BTC at 95,000 USD, and then it rose to 100,000 USD. You were very happy. Then BTC continued to rise, reaching 105,000 USD, and you were even happier. However, BTC quickly dropped from 105,000 USD to 95,000 USD, and at that moment, you became angry. You regretted not selling at 100,000 USD because you could have made an additional 5,000 USD. Even though it was still 95,000, your mindset changed. BTC is still the same BTC that can rise to 105,000 USD. This has not changed; what has changed is your mindset. If your mindset is not right, there will be two outcomes: 1. If the uptrend has not ended, the next time it rises, you will be afraid of a pullback and will exit too early to take profits. 2. If the uptrend has ended, you will fixate on that high point, trying to sell from there, but then the price continues to drop, and you lose all profits. Both of these outcomes are not good, so you must adjust your mindset and never think about the highest point. We only make decisions based on expectations. If you judge that the market will continue, then hold on to your coins. Let it pull back; it will rise again after the pullback. If you judge that the market has ended, then sell immediately. Don't wait for it to return to that highest point.
You bought BTC at 95,000 USD, and then it rose to 100,000 USD. You were very happy. Then BTC continued to rise, reaching 105,000 USD, and you were even happier. However, BTC quickly dropped from 105,000 USD to 95,000 USD, and at that moment, you became angry. You regretted not selling at 100,000 USD because you could have made an additional 5,000 USD. Even though it was still 95,000, your mindset changed. BTC is still the same BTC that can rise to 105,000 USD. This has not changed; what has changed is your mindset. If your mindset is not right, there will be two outcomes: 1. If the uptrend has not ended, the next time it rises, you will be afraid of a pullback and will exit too early to take profits. 2. If the uptrend has ended, you will fixate on that high point, trying to sell from there, but then the price continues to drop, and you lose all profits. Both of these outcomes are not good, so you must adjust your mindset and never think about the highest point. We only make decisions based on expectations. If you judge that the market will continue, then hold on to your coins. Let it pull back; it will rise again after the pullback. If you judge that the market has ended, then sell immediately. Don't wait for it to return to that highest point.
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