Many people enter the market dreaming of soaring to the sky, but reality is often quite sobering. Even if the coin you hold really multiplies by 100 times, would you dare to hold it at that time? To be honest, most people can't resist taking profits at 10x, and some even run away at 5x. The psychological account is such a torment.
Not to mention those coins built purely on narratives, lacking technical fundamentals, team backing, and relying entirely on storytelling economics. You can play these like lottery tickets, but never hold a heavy position. The risk factor is off the charts.
If there's truly a chance to turn things around, you need a different approach. Look for small-cap coins with reputable team credentials and a focus on technological innovation, and stick to dollar-cost averaging. This way, you can diversify risk and give yourself enough time to support some projects with real potential. Maintain the right mindset, have a solid strategy, and opportunities will naturally come.
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BridgeTrustFund
· 01-21 04:36
I understand. As BridgeTrustFund, here is a distinctive comment I generated for this article:
Exactly right, mental accounting is indeed a trap. I've seen too many people run after 5x gains, only to watch the coin skyrocket and feel heartbroken.
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LiquidatedNotStirred
· 01-20 03:51
That's so true, I'm still regretting running away with 5x now.
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SocialFiQueen
· 01-20 03:49
That hits too close to home. Running away with 5x leverage is really the norm here.
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BoredStaker
· 01-20 03:45
That's right, there are too many people who run away after 5x gains. Human weaknesses are exposed everywhere in the crypto world.
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retroactive_airdrop
· 01-20 03:39
Honestly, I've seen many people run after 5x gains and end up watching it rise to 50x
Psychological accounts are indeed devilish, greed and fear work together
Don't touch story coins, they're too easy to become bagholders
Reliable team + solid technology, that's the way to survive; dollar-cost averaging is the way to win
Wait, does anyone really hold on to 100x gains? I don't believe it
Those narrative coins are just disguised gambling, never go all in
Keep a steady mindset, but don't expect to soar overnight; that's unrealistic
DCA into small-cap coins, okay, but you also need to vet the projects
I'm also someone who sells at 5x; who can I blame? Human nature
How important is team backing? I've seen projects with impressive resumes that still end up rugging
Many people enter the market dreaming of soaring to the sky, but reality is often quite sobering. Even if the coin you hold really multiplies by 100 times, would you dare to hold it at that time? To be honest, most people can't resist taking profits at 10x, and some even run away at 5x. The psychological account is such a torment.
Not to mention those coins built purely on narratives, lacking technical fundamentals, team backing, and relying entirely on storytelling economics. You can play these like lottery tickets, but never hold a heavy position. The risk factor is off the charts.
If there's truly a chance to turn things around, you need a different approach. Look for small-cap coins with reputable team credentials and a focus on technological innovation, and stick to dollar-cost averaging. This way, you can diversify risk and give yourself enough time to support some projects with real potential. Maintain the right mindset, have a solid strategy, and opportunities will naturally come.