You spent $3000 to buy $ETH , and then it skyrocketed to $3500, making you extremely happy. Then it surprisingly rose to $4000, and you felt like you could fly.
But good times never last long; ETH dropped back down from $4000 to $3500. At that moment, you started to get annoyed, thinking about why you didn't sell when it was at $4000, as you could have made an extra $500. It’s still $3500, but your mood is completely different now.
However, you need to know that ETH still has the potential to rise to $5000, and that hasn’t changed; what has changed is your own mindset.
If your mindset is not good, there are two possibilities:
1️⃣ If ETH hasn’t finished rising yet, the next time it goes up, you might sell early out of fear that it will drop again, and as a result, a huge wave of profit will say goodbye to you.
2️⃣ If ETH has already peaked, you might stubbornly hold on, waiting for it to return to $4000 before selling, but if it keeps falling, you’ll lose all your profits.
Neither of these outcomes is good, so you need to adjust your mindset and stop always thinking about selling at the highest price. You need to make decisions based on your own judgment: if you think it can still rise, hold onto it and don’t be scared off by small fluctuations, because it might rise again later. If you think it has stopped rising, then sell quickly; don’t keep thinking it will return to its highest point.
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