đ¨ URGENT MESSAGE đ¨
Itâs never easy to admit losses in trading or investing, but itâs one of the most crucial steps toward long-term success. Far too often, I see posts on Binance Square urging people to "Hold on! The price will recover! Just wait, and itâll rise again!"âespecially when talking about coins like $SHIB and $FLOKI. While some might not agree with me, the reality is simple: stop relying on those who suggest holding indefinitely. Many of these individuals are simply trying to comfort themselves because they jumped in too late and are now in a tough spot.
These people invested during a frenzy, without considering the long-term impact, and now face losses. The mindset of "If I havenât sold, I havenât lost" is deeply flawed. If you realize one of your investments is heading in the wrong direction and likely to continue doing so, itâs not wise to hold onto it just because youâre in the red. The crypto market is full of new opportunities, and holding onto failing assets will only limit your potential gains elsewhere.
Imagine you own a property giving you a 10% return annually, and suddenly youâre offered another one promising 30%. Would you pass on the better deal just because the first property hasnât performed well yet? That would be a mistake, causing you to miss out on higher profits. Accept your missteps, learn from them, and focus on new opportunities. Itâs part of the growth process.
This is my personal view. If this resonates with you, feel free to like, comment, or share this post. Your support means a lot, and if youâd like to tip me for sharing these insights, it would be greatly appreciated. Thanks to everyone who has supported my journey in educating the community!
#losses #Loss #Market_Update #BTCReboundsAfterFOMC #WeAreAllSatoshi