This might be a bit hard to hear, but the operations of most people in the crypto world are indeed the opposite.
When you make a little profit, you want to sell, fearing that the meat you’ve cooked will fly away; when you lose money, you’re reluctant to cut your losses, always thinking about holding on a bit longer to see if it can rebound. If you have experienced this, don't panic, it's not your problem, it's a human nature problem.
**When you're making money, you're actually scared**
You think your quick selling is due to caution, but that's not the case. Many times, the real thought in your mind is: "I've already made some profit, what if it drops back?" So when the market rises, you want to run away, even though the trend is clearly continuing. To put it bluntly, what you're afraid of isn't just missing out on a few points, but the process of going from making money to losing money.
**After losing money, you started talking about faith**
What's even more absurd is the reaction after losing money. Clearly, you didn't intend to hold for too long from the beginning, nor did you expect to lose so much. But when the price drops, you tell yourself: "Just wait a bit longer, it should rebound. If I don't sell, it doesn't count as a loss." This isn't suddenly having patience; it's deceiving yourself and not wanting to admit you were wrong about the direction.
**Why is the market so good at leveraging human nature**
When the market rises, it makes you afraid to hold positions, and when it falls, you are reluctant to cut losses. You sway between "fear" and "greed", leading to increasingly chaotic positions, and the end result is often a vicious cycle of small gains and large losses.
**How to break the deadlock? Three simple methods**
First, you need to think about when to exit before making money. If you wait until the price rises to decide, it will likely become chaotic, and your mindset will be led by the market. Second, you should plan your risks and target returns before entering the market, write them down, and don’t change your mind when you feel excited. Third, set your stop-loss and take-profit levels; maintaining discipline in execution is more important than anything else.
To be honest, those who survive the longest in the market often do so not because they have the clearest vision, but because they can control their greed and fear.
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RooftopReserver
· 18h ago
I said it, I had already noticed this problem, but when it really comes to me, I still can't avoid it.
It hurts so much to hear, I fumble and miss gains when I'm earning, and then I start making up stories for myself when there's a fall.
Human nature is such a bitch, every time I think I'm different this time, but it still follows the same routine.
Discipline is easy to talk about but really tough to practice; I've tried writing it down, and then I forget it as soon as I turn around.
Let's see how long I can hold on, anyway, I'm still swaying.
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TokenVelocity
· 19h ago
Why do you always poke at my sore spot? You run away when you make a profit and lie down when you lose. I have really been trapped repeatedly.
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GhostWalletSleuth
· 19h ago
I really can't believe it, I run when I make some profit and tough it out when I lose, now I realize I'm just a template for suckers.
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BoredRiceBall
· 19h ago
Oh, I said it, I've seen through this trap theory for a long time. The problem is that knowing and doing are worlds apart.
This might be a bit hard to hear, but the operations of most people in the crypto world are indeed the opposite.
When you make a little profit, you want to sell, fearing that the meat you’ve cooked will fly away; when you lose money, you’re reluctant to cut your losses, always thinking about holding on a bit longer to see if it can rebound. If you have experienced this, don't panic, it's not your problem, it's a human nature problem.
**When you're making money, you're actually scared**
You think your quick selling is due to caution, but that's not the case. Many times, the real thought in your mind is: "I've already made some profit, what if it drops back?" So when the market rises, you want to run away, even though the trend is clearly continuing. To put it bluntly, what you're afraid of isn't just missing out on a few points, but the process of going from making money to losing money.
**After losing money, you started talking about faith**
What's even more absurd is the reaction after losing money. Clearly, you didn't intend to hold for too long from the beginning, nor did you expect to lose so much. But when the price drops, you tell yourself: "Just wait a bit longer, it should rebound. If I don't sell, it doesn't count as a loss." This isn't suddenly having patience; it's deceiving yourself and not wanting to admit you were wrong about the direction.
**Why is the market so good at leveraging human nature**
When the market rises, it makes you afraid to hold positions, and when it falls, you are reluctant to cut losses. You sway between "fear" and "greed", leading to increasingly chaotic positions, and the end result is often a vicious cycle of small gains and large losses.
**How to break the deadlock? Three simple methods**
First, you need to think about when to exit before making money. If you wait until the price rises to decide, it will likely become chaotic, and your mindset will be led by the market. Second, you should plan your risks and target returns before entering the market, write them down, and don’t change your mind when you feel excited. Third, set your stop-loss and take-profit levels; maintaining discipline in execution is more important than anything else.
To be honest, those who survive the longest in the market often do so not because they have the clearest vision, but because they can control their greed and fear.