In the journey of investment and life, mastering the following two core principles is crucial, as they will guide you to avoid countless twists and troubles:

1. Do not let sunk costs dictate major decisions.

When facing key decisions, it is essential to learn to let go of those investments that cannot be recovered—whether they are money, time, or emotions. Sunk costs, which are expenses that have already occurred and cannot be changed, should not become a burden affecting current decisions. The wise approach is to make choices based on the current situation and future expectations, rather than dwelling on past losses.

2. Past losses should not interfere with the mindset of current decisions.

Every setback or failure is part of growth; the key is how to learn from it and quickly adjust your mindset. Do not let past defeats become stumbling blocks on your path forward; learn to see them as stepping stones to success. Stay calm and rational, ensuring that each current decision is based on a realistic assessment rather than remnants of past emotions.

These two principles relate to rational loss-cutting to prevent excessive investment leading to greater losses; the other concerns mindset management, ensuring that you maintain clear judgment and a positive mental state even in adversity. By following them, you will be able to navigate the path of investment and life with greater composure, reducing the beautiful scenery missed due to hesitation, entanglement, and pain. $BTC $ETH #USUAL现货即将上线 #加密市场反弹 #BTC重返10万 #BTC重返10万 #美联储12月降息预期上升