✍️ Losses in cryptocurrency... are not a numbers issue. At their core, they're first and foremost a psychological problem—refuse to trade emotionally.
1️⃣ One of the most heartbreaking stories in crypto happened in August 2024... At that time, Bitcoin rebounded from its bottom and started to climb. It hit 73K at the first peak of the new cycle, Then dropped back to August’s lows. During that time, people were posting on Twitter: “Get out at a 90% loss... Bitcoin is going to drop to the $30K range... Sell your coins and wait to buy back at the bottom.”
What happened in the end? It never dropped to the $30K range... Instead, it went up and hit new highs, breaking through 90,000. Those who sold at a loss missed out on that moment.
2️⃣ The strange thing? After the market surged... The same people started pushing to buy in!!!
That’s when the November rally arrived, And these were the same people who were calling for exits in that same price range. Those who sold at a –90% loss back then... Got back in again... What’s their situation now?
3️⃣ The same scenario played out again last month. A lot of people promoted exiting while in the red... I know most people’s losses exceeded 90% again, Because after the big drops in February this year and October last year, the losses were huge.
Those who tell you, “Exiting at a loss can help you avoid another 25% drawdown,” Don’t understand the psychological aspect at all.
4️⃣ Let’s be realistic... If you invested 100,000 yuan and now you only have 3,000 left: How are you going to make back that 100,000? Even if you’re smart enough to “think outside the box” with your analysis.
If you ask the person who told you to exit, they’ll say, “My advice helped you avoid a further 25% loss.” If you try to discuss how to recover your losses... They’ll just brush you off, and eventually block you.
5️⃣ But if you stick with it... If you know your coin is a solid project... Even if it takes 6 months or a year to break even, As long as you give it time, you’ll see profits. Your mindset will also become more stable and resilient.
But those who sold at a –90% loss, Are left with just a little cash, (3% or 7%)... They fall into a state of high anxiety: What should I buy? When should I get in? Should I wait? Or just buy something randomly and sell at a loss again? It becomes a vicious cycle... and the money is eventually all gone.
6️⃣ Conclusion: This is more of a psychological issue than a technical one. Huge losses destroy your decision-making ability. Exiting at a loss isn’t always “the solution.” Because the real challenge isn’t whether you can get out... The real challenge is: Can you get back in and stick with it?
90% of people can’t do it.
So... Let me put it simply: Exiting after a big loss = For most traders, it’s a psychological challenge that’s almost impossible to recover from, unless you get a 50x miracle and a huge stroke of luck.
Retweet this post—hope everyone can steer clear of losses. $GT
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✍️ Losses in cryptocurrency... are not a numbers issue. At their core, they're first and foremost a psychological problem—refuse to trade emotionally.
1️⃣
One of the most heartbreaking stories in crypto happened in August 2024...
At that time, Bitcoin rebounded from its bottom and started to climb.
It hit 73K at the first peak of the new cycle,
Then dropped back to August’s lows.
During that time, people were posting on Twitter:
“Get out at a 90% loss... Bitcoin is going to drop to the $30K range... Sell your coins and wait to buy back at the bottom.”
What happened in the end?
It never dropped to the $30K range...
Instead, it went up and hit new highs, breaking through 90,000.
Those who sold at a loss missed out on that moment.
2️⃣
The strange thing?
After the market surged...
The same people started pushing to buy in!!!
That’s when the November rally arrived,
And these were the same people who were calling for exits in that same price range.
Those who sold at a –90% loss back then...
Got back in again...
What’s their situation now?
3️⃣
The same scenario played out again last month.
A lot of people promoted exiting while in the red...
I know most people’s losses exceeded 90% again,
Because after the big drops in February this year and October last year, the losses were huge.
Those who tell you, “Exiting at a loss can help you avoid another 25% drawdown,”
Don’t understand the psychological aspect at all.
4️⃣
Let’s be realistic...
If you invested 100,000 yuan and now you only have 3,000 left:
How are you going to make back that 100,000?
Even if you’re smart enough to “think outside the box” with your analysis.
If you ask the person who told you to exit, they’ll say,
“My advice helped you avoid a further 25% loss.”
If you try to discuss how to recover your losses...
They’ll just brush you off, and eventually block you.
5️⃣
But if you stick with it...
If you know your coin is a solid project...
Even if it takes 6 months or a year to break even,
As long as you give it time, you’ll see profits.
Your mindset will also become more stable and resilient.
But those who sold at a –90% loss,
Are left with just a little cash, (3% or 7%)...
They fall into a state of high anxiety:
What should I buy?
When should I get in?
Should I wait?
Or just buy something randomly and sell at a loss again?
It becomes a vicious cycle... and the money is eventually all gone.
6️⃣
Conclusion:
This is more of a psychological issue than a technical one.
Huge losses destroy your decision-making ability.
Exiting at a loss isn’t always “the solution.”
Because the real challenge isn’t whether you can get out...
The real challenge is:
Can you get back in and stick with it?
90% of people can’t do it.
So...
Let me put it simply:
Exiting after a big loss = For most traders, it’s a psychological challenge that’s almost impossible to recover from, unless you get a 50x miracle and a huge stroke of luck.
Retweet this post—hope everyone can steer clear of losses. $GT