Recently, I finally understood something.



Always holding onto a coin and waiting for it to break even, day after day, until your eyes go blind. And what’s the result? It never even rises enough to break even. Instead of stubbornly holding on, it’s better to make a decisive switch—use this capital to find the next promising coin, and recover losses through new trading opportunities.

That’s the reality. Some coins are just beyond saving; no matter how much you hold, you’re just wasting time. Changing your approach can actually open up new possibilities.

I used to be too stubborn, always thinking that coin would suddenly surge, but after waiting year after year, how many market waves did I miss? Now I finally understand—the essence of trading is to find opportunities, not to be stuck in a deadlock.

Stop-loss switching is the true way to make money.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
shadowy_supercodervip
· 10h ago
The reasoning is straightforward: holding onto a coin blindly indeed costs you time, but the key is to have the insight to identify which ones are truly a trap and which ones have potential.
View OriginalReply0
StablecoinGuardianvip
· 10h ago
That's right, holding onto worthless coins is like suicide; it's better to take a gamble on the next one.
View OriginalReply0
0xSunnyDayvip
· 10h ago
That's right, holding onto a single coin is indeed suicidal. I lost quite a bit this way, but now I've learned to be smart, cut losses in time, and turn around to survive.
View OriginalReply0
DataOnlookervip
· 11h ago
That's right, holding onto a trash coin is like committing suicide. I've also fallen into traps before, now I've learned to be smarter. --- Really, instead of watching the market every day and waiting for miracles, it's better to decisively cut losses and look for the next opportunity—that's what it means to be skilled. --- Have you really calculated the time cost? A year of waiting could mean ten times the loss. --- The word "stop loss" sounds easy, but actually doing it requires a lot of guts. Without guts, you'll lose even more. --- Some coins are indeed hopeless; admitting defeat early can actually help you survive longer. --- But on the other hand, how can you be sure that the next coin isn't just another trap? --- After playing for so long, the biggest lesson is—don't get caught up in emotional trading. --- Switching is no problem, but the key is how to choose the next one. Or should I just keep falling into traps?
View OriginalReply0
NoodlesOrTokensvip
· 11h ago
That's right, holding onto a coin blindly is self-punishment. I was trapped in the same way before. --- The most common behavior is chasing highs and selling lows. Those who truly make money are switching tracks. --- This theory sounds good, but in practice, it's still easy to chase highs. How can you judge if the next coin really has potential? --- I agree with decisive stop-loss, but the premise is that you must clearly distinguish whether to hold or cut. This balance is the hardest to grasp. --- Instead of watching the market every day, it's better to research which coins have real application prospects. --- Uh, I'm just worried that after cutting, it will rise, and the newly bought coins will end up in my hands at a loss. --- I completely agree. I held onto coins for almost two years before switching, and I ended up making a profit. --- The key is to have the courage to admit failure, which is the hardest part. --- It sounds reasonable, but most people still regret after cutting, because their mindset isn't strong enough.
View OriginalReply0
ShibaOnTheRunvip
· 11h ago
It's too late to wake up. I was also trapped like this before, holding onto a coin blindly is really self-punishment. --- This is a reflection of myself last year, and looking back, it was worth the loss. --- That's right, the problem is how to judge when to cut? It's still easy to cut losses and chase highs. --- I just want to ask, how to pick new coins, won't I fall into another trap? --- That's reasonable, but constantly chasing new coins often turns you into a bag holder. You still need to adjust your mindset. --- The word "stop loss" sounds easy, but in practice, you'll really regret it. --- The mentality of bottom fishing can be deadly; sometimes, stopping loss earns more than holding on. --- Although that's what I say, when it comes to critical moments, I still find it hard to cut.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)