🪭🪭🪭URGENT ALERT🪭🪭🪭🪭
🛑 TIME TO FACE THE TRUTH AND MINIMIZE YOUR LOSSES**
In the world of investing and trading, one of the toughest pills to swallow is admitting when you’re in the red. On Binance Square, I frequently see posts urging people to "Hold on! This crypto will bounce back! Just wait, it’ll recover!"—especially for popular tokens like $SHIB and $FLOKI .
But here’s the hard truth, and some of you might not like it: stop listening to those telling you to hold indefinitely. They don’t have any more insight than you do. Often, these are voices of people who bought into the hype, only to watch their investments crumble. They’re trying to convince themselves, just as much as you, that their investments aren’t a lost cause.
The notion of "If I haven’t sold, I haven’t lost" is a dangerous trap. If you know deep down that an investment is sinking and likely won’t recover, holding onto it just because it’s already down isn’t wise. The market is brimming with new opportunities, and clinging to a failing asset could cause you to miss out on something far more promising.
Think of it this way: If you own a property that gives you a 10% annual return, but you’re offered another property with a 30% return, would you stick with the lower-performing asset just because you’re already invested? Holding onto a poor investment out of stubbornness is both unproductive and a lost opportunity for better gains. Acknowledge the mistake, learn from it, and move on.
This post reflects my personal opinion. Thank you for reading. If you found this advice helpful, please like, comment, and share this post. Your support helps me continue educating others about the crypto market. Tips are also appreciated—they go a long way in sustaining these efforts. Many thanks to those who contribute.
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