📅 November 16, 2024 - The decision to stop: A lesson in sunk cost 🛑⚖️
After weeks of trying to reverse losses in copy trading, and after accumulating a total negative PnL of -262.7488 USDT, I have decided to pause my immediate recovery efforts. 💭💔
Why stop now?
🔍 The sunk cost bias: Continuing to invest more time and resources just to “win back” can be a dangerous path. Accepting losses and evaluating new strategies from scratch is one way to break the cycle of emotional decisions. 🎯🧠
Lessons learned:
✅ Accepting losses is part of the game: It's not about "always winning," but about learning when to step back and recalibrate. 📉🔄
✅ Less is more: Patience and a long-term vision overcome the pressure of obtaining immediate results. 📊⏳
✅ Risk under control: Diversifying between aggressive and conservative traders was useful, but the balance was not enough. This adjustment will be key in my next strategies. ⚖️🔐
Next steps:
🔸 Pause active trading to analyze the results with a clearer mind. 🛑🧐
🔸 Reassess my goals in the market, considering both my risk tolerance and the tools available. ✍️🔍
🔸 Continue learning and strengthening my investment mindset, remembering that every experience, good or bad, is an opportunity to grow. 🚀📚
Final reflection:
Closing a stage is not synonymous with defeat, but with evolution. Today I decide not to pursue the past, but to build a more solid and strategic future for the moment, I do not intend to do more copy. $BTC $XVG #BinanceSquareFamily #F