The end of holding onto a position is not breaking even, but liquidation!

In the cryptocurrency world, almost every investor has experienced "holding onto a position." What it means is that when the market goes against your judgment, you stubbornly refuse to admit your mistake, hoping that the price will miraculously bounce back.

At first, it was just a small loss, thinking "it doesn't matter, let's wait a bit more."

Later, the losses increased, anxiety set in, but the thought of "not wanting to give up" prevailed.

Finally, the more you hold, the more you lose, and your mindset completely collapses, from the initial hope of "just breaking even" to "just minimize the loss and exit."

Holding onto a position is not about the position itself but about our luck and pride.

Don't wait any longer! Holding onto a position often doesn't bring miracles, but liquidation.

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