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✍️ Losses in crypto... it's not about numbers; it's a psychological issue above all else.



1️⃣
One of the saddest stories in crypto happened in August 2024...
When Bitcoin hit its bottom and started reversing upward,
its first peak in the new cycle was at 73K,
then it went back and hit the August bottom.
At that time, some people were promoting tweets like:
"Exit at a 90% loss... Bitcoin is heading to the 30Ks... Sell your coins and buy back at the bottom."

What happened?
It didn't drop to the 30Ks...
It went up and made a new peak above 90,000.
That moment was lost for those who sold at a loss.

2️⃣
What's strange?
After the market shot up...
The same people started promoting buying!!!!

We had a November rally at that time,
and they were talking after exiting in the same area, basically.
So those who sold at a –90% loss back then...
and then got back in again...
What's their situation now?

3️⃣
Last month, the scenario repeated.
A lot of people promoted exiting at a loss...
And I know that most people’s losses exceeded 90% for the second time,
because the drop was big after the declines in last February and October.

Anyone who tells you, "Exit at a loss to save an additional 25% drop,"
doesn’t understand the psychological aspect at all.

4️⃣
Let’s be realistic...
If you entered with 100,000 riyals and your balance became 3,000 riyals:
How will you make up that 100,000 again?
Even if you're smart and thinking “outside the box.”

And if you talk to the person who advised you to exit and asked:
"Your exit saved you a 25% drop,"
and you try to understand from them how to recover...
They'll just go in circles and eventually block you.

5️⃣
But if you hold on...
And you know your coin is an excellent project...
Even if it takes 6 months or a year to recover your capital,
with time, you'll make a profit
and your mentality will be steady and strong.

But those who sell at a –90% loss,
and end up with very little cash (3% or 7%)...
enter a state of high anxiety:
What to buy?
When to enter?
Should I wait?
Or enter wrongly and end up selling at a loss again?
The cycle repeats... and the money disappears completely.

6️⃣
The summary:
It's more psychological than technical.
A big loss breaks decision-making ability,
and exiting at a loss isn't always a “solution.”
Because the real challenge isn't getting out...
The real challenge is:
Can you come back, buy again, and keep going?

90% of people can't.

And that's why...
I'll say it simply:
Exiting at a big loss = a psychological challenge that’s almost impossible to recover from for most traders, unless you get a miracle 50x and luck is on your side.

I wish everyone well and to stay away from losses $GT #BitcoinPriceWatch
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