In the cryptocurrency circle, the principal is the first, so if I am optimistic about a project, it is good if it rises sharply, but if something unexpected happens, it is likely to hurt the principal, then you have to be 120,000 points of spirit to evaluate whether to cut it.

And there is a psychological factor here that can be referred to "When you are entangled and afraid of whether to cut it, it is time to cut it" - especially when you find that it is much more comfortable to cut it, then cut it.

It often happens that you buy a coin, and after a sharp rise, you don’t sell it, and then it falls back all the way, approaching the principal line, and even starts to fall below it in the end. Here I have a principle that you can’t lose the principal in the retracement.

Suppose I buy a coin at 0.66, I am very optimistic about it, and I don’t sell it when it rises to 1.5. It has fallen all the way to 0.8, and there are many rebounds to 0.8, but the external environment is also constantly changing. I feel that "When you are entangled and afraid of whether to cut it, it is time to cut it", so I cut it.

In fact, a great god once said, "The best way to correct a mistake is to correct it immediately. The sooner you change it, the lower the cost."