The two most common ones I have heard in recent days are

1: The profit retracement is very serious, what should I do, and I have no money to cover my position, what should I do?

2: I didn’t enter the market last year, and then the market rose sharply in January, February and March this year, and I rushed directly into the highest point and was trapped. Is there still a chance? Should I cut my losses?

First, about the first point

You also know that it is a profit retracement, then it doesn’t matter, people are like this, if they make 1 million and then 2 million and finally become 1.5 million, they will feel that they have lost money. Psychology shows that people will feel balanced only when they make 400% of their losses. Just wait patiently for this wave of decline, and the subsequent period will be the harvest season

Then about the second point

First, tell me what your purpose is for rushing in at the highest point? You think it can still rise and want to make money. In fact, your idea is correct, but the various episodes in the middle are a little beyond our expectations. But it doesn't matter. The dark moment is short. It's only been a few days. Adjust your mentality. Dawn is coming soon.

It is stupid to sell a coin that has lost 50% and then buy another coin that has fallen by 50% at the same time. Why bother?

Bitcoin halving is the process from 73,000 to 2, the process from 100,000 to 50,000 in account funds, the process from sudden wealth to liquidation, then the collapse of faith, and then entering the bull market