#密码资产动态追踪 Holding a position, in simple terms, is the last lifeline for a gambler. It seems like waiting for a turnaround, but in reality, it's waiting for the abyss.

Some time ago, I talked about a guy whose experience is very typical. After entering the market, the coin price was calm, and a voice in his head kept saying — wait a bit longer, maybe he'll break even. He waited five days, and his loss grew deeper in the account. Eventually, he couldn't take it anymore, cut his losses, and exited, losing over a hundred thousand. His only obsession became: how to make this money back.

I told him: the market didn't harm you; your mentality has already exploded.

Holding a position is not a trading strategy; it's self-deception. Refusing to admit you were wrong, repeatedly fantasizing that the market will turn around. But the crypto market will never give you face just because you are patient. The longer you drag it out, the greater the psychological pressure, and the easier it is for your decisions to collapse. One or two times, maybe luck can help you avoid small losses, but how about more times? The ending is basically written. This is really not about luck; it's about probability.

People who can survive long in this market are never relying on luck:

— Maintain a steady mindset
— Have clear risk control
— Cut losses in time
— Have basic respect for the trend

It sounds old-fashioned, but this line is the dividing line between novice speculators and mature traders. Don't be fooled by short-term confidence into falling into a trap. When your mentality is stable, the direction will naturally be right. Just like driving, stomping the accelerator recklessly will eventually cause a crash; speed is actually automatically adjusted according to the direction.

Want to survive long-term in the crypto market? Give up the game of holding positions. Learning to admit mistakes is the first lesson to live longer. $CLO