How to hold onto heavily invested coins and how to cultivate the right trading mindset?
Starting from my own experience. First, I heavily invested in #doge⚡ #pepe⚡ #puppies币 . As long as I believe in it, I hold steady, regardless of the ups and downs. I ask myself why I can grasp the rhythm so well yet do not trade the swings? If I did, I could have a large sum of money to buy more. But I firmly want to maintain the right trading mindset, and I tell myself: if I have extra disposable money, then I can trade the swings; if I believe this coin should be heavily invested in, then I cannot trade the swings, after all, money belongs to the market, not to each of us. Perhaps there is only one opportunity left; if the wave flies and I miss it, I can never buy it back again.
One cannot just impulsively sell when there is a short-term surge; one can set staggered profit-taking points based on the coin's historical price trends, overall industry valuation, etc. For example, first set a relatively conservative initial profit-taking price to sell part, and then gradually adjust based on the situation.
- If the entire cryptocurrency market is in the early stages of a bull market and the industry continuously has favorable news, then the coin price is likely to have more room to rise, so it is not advisable to sell too early.
Finally, I am more optimistic about puppies.
Puppies are fully circulated, have no project party, and are community-governed tokens! Even Trump's wallet holds it! Holding 177.777 billion.
Elon Musk's new iP, he has tweeted about it once and liked Puppies community tweets twice! Mama Mayee liked Puppies community tweets 44 times and directly quoted a tweet once! The community is very united and active: you can see Puppies' promotion everywhere in Twitter, Binance Square, both online and offline.
