“The highest returns are just screenshots. The money you take out is the report card.” $SNDK #纳指创历史新高
In a group chat, there was a crypto buddy who, a few years ago, turned 5,000U into over 80,000. Every day he kept talking about waiting for 100,000. I advised him to take some profit first. He smiled and said, “Let’s wait a bit longer.” Then the market corrected. When his 80,000 dropped to 60,000, he was miserable: “I just feel like I’ve lost 20,000.”
At that moment, I understood. He wasn’t losing from 5,000U down to 60,000—he was losing 20,000 from his psychological account of 80,000. When the account rises to a new high, people start treating unrealized gains as their own money. After a 10% rise, they think, “It can still go higher.” Another 20% rise, and they reset their target again. Then, when a pullback comes, they realize those numbers never actually made it into their pocket.
I’ve stepped into this trap too. Later, I stopped setting goals like “sell at the peak.” Instead, I decided in advance: at a certain level, I will take out at least a certain amount. If it rises to that point, I execute. The rest I can keep playing. My mindset became much lighter. If it keeps going up, I don’t feel like I missed out; if it drops, I’m not just watching my profits disappear.
After I started trading, I realized that the market’s favorite thing is to first make you feel like you’ve gotten rich, and then gradually take that number back. Don’t keep fixating on how high your account has ever reached.
In a group chat, there was a crypto buddy who, a few years ago, turned 5,000U into over 80,000. Every day he kept talking about waiting for 100,000. I advised him to take some profit first. He smiled and said, “Let’s wait a bit longer.” Then the market corrected. When his 80,000 dropped to 60,000, he was miserable: “I just feel like I’ve lost 20,000.”
At that moment, I understood. He wasn’t losing from 5,000U down to 60,000—he was losing 20,000 from his psychological account of 80,000. When the account rises to a new high, people start treating unrealized gains as their own money. After a 10% rise, they think, “It can still go higher.” Another 20% rise, and they reset their target again. Then, when a pullback comes, they realize those numbers never actually made it into their pocket.
I’ve stepped into this trap too. Later, I stopped setting goals like “sell at the peak.” Instead, I decided in advance: at a certain level, I will take out at least a certain amount. If it rises to that point, I execute. The rest I can keep playing. My mindset became much lighter. If it keeps going up, I don’t feel like I missed out; if it drops, I’m not just watching my profits disappear.
After I started trading, I realized that the market’s favorite thing is to first make you feel like you’ve gotten rich, and then gradually take that number back. Don’t keep fixating on how high your account has ever reached.
