Psychology is one of the main thing in crypto and most people aren't talking about it
There is a huge difference between making 1k$ to 100k$ and 100k$ to 10M$. Both are technically 100× on paper but still 100k$ to 10M$ is much harder because of psychology
You need to develop a strong psychology in order to print big this cycle and preserve it
One of the best way to do it is don't ever assume your unrealized PNL your money because it might take less than a day to vanish all of it. It's just a visual numbers according to me unless I book it and withdraw to my bank or acquire some assets from it
Most people make this mistake of assuming their ATH portfolio balance as their money and when it goes down, they do revenge trading to recover them back and eventually lose everything. We have seen many such cases last cycle so I just want to educate people so they don't make such mistake in this cycle
Even if u can keep 50% of your ATH portfolio balance by the end of bull run, u will be in top 5%
Bitter truth but 90% will be giving back all their gains to the market after bull cycle because of Bull market PTSD.