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Hello, #BinanceSquareFamily I hope you're all doing well. I wanted to have a quick chat with you.
Yesterday, we were proudly at Top 2, but today we've slipped to 3 and 4th position holder is too close to us.
Can anyone help me understand why?
Follow and VOTE on My Profile
(VOTE done Follow) @BullishBanter
If there's something on your mind or if youāre feeling hesitant, please share with meāIām here to listen and improve.
Iāve noticed many of you are regularly claiming Red Packets, but the votes seem to be falling behind.
I kindly ask each of you to please remember to vote daily. It only takes a single click, and it means the world to me.
Now, I am going to another Red Pocket now. Must Follow and give VOTE on Daily basis for next 7 days as well. Claim your packet and letās make sure this time, the vote is cast too. Iām counting on you!
š ITāS TIME TO FACE REALITY AND CUT YOUR LOSSES
In the world of investing and trading, one of the hardest things to do is to acknowledge your losses. On Binance Square, I often come across posts urging people to "Hold on! This crypto will rebound! Just wait, itāll rise again!"āespecially regarding popular tokens like $SHIB and $FLOKI .
Though some may not agree with me, it's essential to hear this truth: stop listening to those who tell you to hold indefinitelyāthey donāt have any more insight than you do. These voices often belong to individuals trying to convince themselves that their investments arenāt a lost cause, having bought into these cryptos during hype-driven rallies and are now facing the consequences.
The belief that "If I havenāt sold, I havenāt lost" is a dangerous misconception. If you recognize that one of your investments is failing and likely to continue declining, itās unwise to hold onto it just because itās currently at a loss. The market is full of new opportunities, and holding onto a sinking asset can cause you to miss out on more promising ones.
Consider this analogy: If you own a property yielding 10% annually, but are offered another property with a 30% return, would you turn down the new opportunity simply because your current investment is underperforming? Holding onto a poor investment out of stubbornness is both unproductive and a missed opportunity for greater gains. Acknowledge your mistake, learn from it, and move forward.
This post reflects my personal opinion. Thank you for taking the time to read. If you found this advice helpful, please like, comment, and share this post. Your support means a lot, and it helps me continue to educate others about the crypto market. Tips are also appreciated as they help sustain these efforts. Many thanks to those who contribute.