Still Waiting for That Perfect Rebound? Here’s What You’re Missing

Ever caught yourself staring at a coin’s price chart, convinced it’ll “get back to where it was”? Like waiting for a train that left hours ago, you’re stuck hoping for a rebound that might never come.

This is a classic example of anchoring bias—when your mind latches onto a number, like your entry price or a past high, and refuses to let go. It’s why traders often hold onto losing leverage trades far too long, hoping the market will turn. For spot plays, though, it’s a bit different. If I’m holding a strong coin, I don’t mind waiting for months—as long as the market signals still support its potential.

Here’s the hard truth: markets don’t care about your entry or that ATH from months ago. They move based on supply, demand, and sentiment—not your expectations. Anchoring bias blinds you to what the charts are actually saying, keeping you stuck in the past while opportunities move on without you.

Why does this happen? Because it feels easier to hope than to admit you might have been wrong. It’s not just about numbers—it’s about psychology. Understanding biases like this is key to breaking free from bad habits and making decisions that align with the market, not your emotions.

In the next posts, we’ll dive deeper into how anchoring bias sneaks into trading, the traps it sets, and strategies to overcome it. For now, take a moment to ask yourself: Am I holding onto a trade because I believe in its potential—or because I’m stuck on what I wish it could be?

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