The Charity Guy

The crypto market can be exciting, profitable, and, at times, emotionally draining. Two of the most painful mistakes traders make are:

1. Selling too early and watching the price pump without them.

2. Holding too long and watching profits disappear.

Both situations can break your spirit if you’re not prepared. But they also teach some of the most valuable lessons in trading.
I have talked about the pain of selling too early, now lemme talk about Holding too Long and watch profits disappear 🫠.
In crypto, we talk a lot about the pain of selling early. But there’s another pain that cuts just as deep; holding too long and watching your profits disappear right before your eyes.
It’s like being at a buffet, piling your plate high, but waiting so long to eat that the food goes cold and loses its flavor.

➡️The Trap of ‘Just a Little More’
You buy a coin low, the price rises, and you’re in profit. You think, “Let me hold a little longer; it’s still going up.” But that “little longer” sometimes turns into a steep drop that erases everything you gained.

➡️Real-Life Examples
1. The 2021 $SHIBA Pump:
Many investors bought SHIBA early and saw insane profits when it ran thousands of percent. But greed made them hold, waiting for just one more pump. Instead, the price corrected heavily, and those paper profits vanished.

2. A Friend’s $SOL Trade:
He bought SOL at $20 and rode it up to $240. Instead of taking profit, he waited for $300. Within weeks, it fell to $170, then $100. His “dream bag” became a “what-if story.”

➡️Why It Happens
- Greed: The hope that one more candle will make you rich.
- Overconfidence: Believing the pump will never end.
- No Exit Plan: Entering a trade without knowing when to sell.
- Fear of Missing More Gains (FOMO): Watching it pump and thinking, “I can’t leave now.”

➡️Lessons to Learn
- Set Targets: Decide your selling points before you even buy.
- Take Partial Profits: Sell a portion at certain milestones and let the rest ride.
- Don’t Marry Your Bags: A coin is not your lifelong partner; it’s an investment.
- Stay Realistic: A pump will always have an end.

➡️ Q⁴ Reminder
As we approach Q⁴, and according to B4YC, history shows this is when the market often pumps aggressively. Yes, prices may skyrocket, but corrections can come just as fast. Don’t let greed turn your winning trade into a loss.
😁My Final Thought:
In crypto, knowing when to sell is as important as knowing when to buy. Secure your profits, because the market doesn’t care about your feelings, only your strategy will protect you.
Sourced from: [@vindicatedchidi on X]

السوق يتجه نحو الانخفاض؟ هذا ليس علمًا أحمر؛ إنه علم فرصة!

HODL أو Fold؟: إذا كنت في اللعبة الطويلة، الآن هو الوقت المناسب للتمسك بحزم. كل انخفاض هو اختبار لإيمانك بالعملات المشفرة. تذكر عندما كانت بيتكوين عند 3 آلاف دولار؟ انظر إلى أين كانت منذ ذلك الحين.

نوع استثماراتك: لا تضع كل بيضك في سلة واحدة. استخدم هذا التصحيح لتوزيع استثماراتك. ربما حان الوقت للبحث عن بعض جواهر DeFi أو حلول الطبقة الثانية مثل Polygon (MATIC) أو Arbitrum (ARB) التي قد تكون undervalued الآن.

في خضم هذه الأوقات العصيبة، مع أسعار العملات الرقمية في رحلة صعود وهبوط، تذكر: التصحيحات هي جزء من الرحلة. إليك السبب:
صحة السوق: التصحيحات تساعد في تبريد الأسواق المبالغ فيها، مما يمنع الفقاعات غير المستدامة. إنه مثل الضغط على زر إعادة الضبط لاتجاه صعودي أكثر صحة.

فرص الشراء: هل سمعت من قبل عن "اشترِ بسعر منخفض، وبيع بسعر مرتفع"؟ الآن هو الوقت لرؤية تلك الجواهر في الطين. المشاريع ذات الأسس القوية والفائدة الحقيقية قد تكون بسعر مخفض. راقب Ethereum (ETH) وBitcoin (BTC) والنجوم الناشئة مثل Sui (SUI) من أجل انتعاش محتمل.