Trading is, at its core, the ultimate test of human nature. We always tend to “cut our profits short and let our losses run.”
#交易心理
I can no longer tell what my original reason for getting into crypto was.
Imagine you’re holding 1 BTC:
If it drops 20%, would you panic and sell?
If it drops 50% (getting cut in half), would you despair and sell at a loss, or just uninstall the app and pretend it isn’t happening?
Now consider the opposite:
If the market takes off and rises 10%, would you chase the price out of fear of missing out (FOMO)?
If it rises 30% and your profits keep growing, could you hold on, or would your hands start shaking as you rush to cash out?
Some people tell me they got into crypto to get rich quick; others say the best strategy is to hold spot and do nothing.
If I handed you this 1 BTC right now, which would keep you up all night: a 50% drop or a 30% rise?
#btc
#交易心理
I can no longer tell what my original reason for getting into crypto was.
Imagine you’re holding 1 BTC:
If it drops 20%, would you panic and sell?
If it drops 50% (getting cut in half), would you despair and sell at a loss, or just uninstall the app and pretend it isn’t happening?
Now consider the opposite:
If the market takes off and rises 10%, would you chase the price out of fear of missing out (FOMO)?
If it rises 30% and your profits keep growing, could you hold on, or would your hands start shaking as you rush to cash out?
Some people tell me they got into crypto to get rich quick; others say the best strategy is to hold spot and do nothing.
If I handed you this 1 BTC right now, which would keep you up all night: a 50% drop or a 30% rise?
#btc