In the crypto world, there is a type of person we are willing to call 'great sacrificers.'
Every time a four-year bull market arrives, they fall early before dawn. Why? Because before the bull market, they underestimated the length of the bear market and chose to hold on. Once they break even or make a small profit, they immediately remember those investment 'bibles' — 'Sell to earn forever! Pursue certainty! Cash out for safety!'
Little do you know, the bull has already begun to awaken. During the process of the bull waking up, it will constantly rise, kneel, and even lie down to continue sleeping. Thus, you are even more convinced that you need to exit. Just like that, the bull goes east, you go west, and you can only watch the bull's back, feeling regret.
"If only I hadn't sold my more than 20,000 #xrp that cost me 2 yuan each, they would be worth 500,000 now! Damn those market manipulators."
Unfortunately, the crypto world has no past, nor regrets about the past. But there must be a way to mend the fence after the sheep are lost.
Now let's do two multiple-choice questions.
First question:
A: You have a 50% chance of getting 1 #BTC , and a 50% chance of getting nothing.
B: You will definitely get 20 #ETH .
Are you betting on getting 1 BTC or guaranteed to get 20 ETH?
Second question:
A: You have a 50% chance of losing 1 BTC, and a 50% chance of losing nothing.
B: You will lose 20 ETH with a 100% certainty.
Do you gamble on losing nothing or lose 20 ETH?
I believe you already have the answer.
Believe me, most people will make the same choice as you. When making money, we like to pursue certainty (take small profits and run). When losing money, we hate risks but still like to gamble on uncertainty (not willing to lose everything).
Now that the bull market has come this far, and just a few days ago there was a significant pullback, many people are feeling uneasy: holding on, fearing the profit will disappear; selling, fearing it will go up. Brother, this is not investing, this is torture!
The way to the truth is simple: forget your cost, forget the current price, forget the coins you don’t have, and just aim for the big direction: if you think there will be a big bull market until the beginning of next year, just hold on, even during pullbacks, until it reaches your target price, resolutely sell or sell in batches while it’s rising; if you think there will be a bear market until the beginning of next year, then hurry up and sell, even if it goes up later, don’t get back in.
You say, brother, isn't this a scam? If it goes up later, won't I miss out on making money? That's right, you can only earn the money within your understanding; otherwise, you will lose it back in the same way! The bigger the bull, the more you lose, remember! Let's encourage each other!
