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✍️ Losses in cryptocurrency... are not about the numbers; at their core, they are psychological issues first.
1️⃣
One of the most heartbreaking stories in crypto happened in August 2024...
At that time, Bitcoin rebounded from its bottom and started going up.
It reached 73K at the first high of the new cycle,
then dropped back to the August low.
Someone on Twitter was promoting:
“Get out after a 90% loss... Bitcoin is going to drop to the $30,000 range... sell your coins and buy back at the bottom.”
What happened in the end?
It never dropped to the $30,000 range...
Instead, it rose and hit a new high, breaking through 90,000.
Those who sold at a loss missed this moment.
2️⃣
The strange thing?
After the market surged...
the same people started promoting buying!!!
That was when we saw the November rally.
But they were the ones shouting “get out” in the same price range.
So those who sold at a –90% loss back then...
got back in again...
And now? What’s the situation?
3️⃣
The same thing happened again last month.
Many people promoted exiting while at a loss...
I know most people’s losses once again exceeded 90%
because of the heavy drops this February and last October.
Those telling you: “Exiting at a loss will avoid another 25% drop”
completely ignore the psychological side.
4️⃣
Let’s be realistic...
If you invested 100,000 yuan, and now only have 3,000 left:
How are you going to make your 100,000 back?
No matter how smart you are, or how “out-of-the-box” your analysis is.
If you ask the person who advised you to exit, he’ll say:
“My advice helped you avoid a 25% drop.”
But if you want to discuss how to recover your losses...
He’ll just brush you off and eventually block you.
5️⃣
But if you hold on...
and you know your coin is a quality project...
even if it takes 6 months or a year to break even,
given enough time, you’ll end up with a profit.
Your mindset will also become more stable and resilient.
But those who sold at a –90% loss,
are left with very little cash (3% or 7%)...
and fall into a state of extreme anxiety:
What to buy?
When to get in?
Should I wait?
Or just buy anything and sell at a loss again?
A vicious cycle... and eventually all the money is gone.
6️⃣
Conclusion:
This is more of a psychological issue, not a technical one.
Huge losses destroy your decision-making ability.
Exiting at a loss is not always “the solution.”
Because the real challenge isn’t whether you can exit...
The real challenge is:
Can you buy back in and hold on?
90% of people can’t.
So...
Let me put it simply:
Exiting after a big loss = for most traders, an irrecoverable psychological challenge, unless you get a 50x miracle and a ton of luck.
Share this post, and I hope everyone can successfully avoid losses. $GT