Investing for the long term tests you not on your ability to pick coins, but on whether you can **control your hand after selling**.
Over the years, chatting with many traders, I’ve found the most painful phenomenon is: everyone understands the logic of "buy low, sell high," but the real challenge is whether, after selling, you can give yourself a long holiday.
I often hear people say that right after closing a position, they watch the price continue to rise, and the regret in their hearts is immense. In the end, they can’t resist and chase back at a relatively high level. Or when a pullback occurs, they think it’s a bargain opportunity, but end up buying more as it drops, eventually getting caught in the trap.
Looking closely at this cycle, it’s very clear:
**The FOMO anxiety stage**: After selling, they stare at the intraday chart every day, feeling like they’ve missed several waves of the market. This psychological pressure pushes them to chase in.
**Then it drops**: They think the chips are cheap, rush to buy the bottom, but buy in the middle of the decline. Watching the price stop falling and no hope of a bottom, their principal shrinks day by day.
**Finally, the mental breakdown**: In this cycle of buying and selling repeatedly, not only is the account worn down, but the entire trading mindset is exhausted.
There are really only two ways to break this cycle:
One is to hold on stubbornly. Choose a target and stick to it, don’t overthink—eat when hungry, sleep when tired.
The other is to truly let go after selling. It’s not just about deleting the app, but setting a period of three months or half a year. During this time, try not to look at the market and do something else to enrich yourself. When the time is up, come back and reassess the market.
If you can’t do the "control your hand after selling" part, then all those so-called "top-timing escapes" will only turn into "catching the falling knife." Can you stick to not operating for three months?
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FancyResearchLab
· 3h ago
In theory, you can go three months without checking the market, but in practice, Lu Ban No. 7 is always under construction. I initially planned to hold on tightly, but as soon as the gap-filling anxiety triggered this contract loophole, my entire mindset was thrown off.
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BearMarketMonk
· 3h ago
Putting down the phone after selling is easier said than done. I've tried for three days without checking the market, and I ended up missing a wave of doubling profits—it's truly a mental challenge.
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CantAffordPancake
· 3h ago
That hits too close to home. I'm part of that group who keeps messing around like this, and I've already paid a lot of tuition fees.
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OfflineValidator
· 4h ago
That hits too close to home. I'm the one who constantly watches the K-line after selling, caught in the cycle of chasing highs and taking the hit again and again.
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PumpDetector
· 4h ago
ngl the fomo loop hits different when you're actually watching the candles go vertical after you sold... been there, the psychological warfare is real
Investing for the long term tests you not on your ability to pick coins, but on whether you can **control your hand after selling**.
Over the years, chatting with many traders, I’ve found the most painful phenomenon is: everyone understands the logic of "buy low, sell high," but the real challenge is whether, after selling, you can give yourself a long holiday.
I often hear people say that right after closing a position, they watch the price continue to rise, and the regret in their hearts is immense. In the end, they can’t resist and chase back at a relatively high level. Or when a pullback occurs, they think it’s a bargain opportunity, but end up buying more as it drops, eventually getting caught in the trap.
Looking closely at this cycle, it’s very clear:
**The FOMO anxiety stage**: After selling, they stare at the intraday chart every day, feeling like they’ve missed several waves of the market. This psychological pressure pushes them to chase in.
**Then it drops**: They think the chips are cheap, rush to buy the bottom, but buy in the middle of the decline. Watching the price stop falling and no hope of a bottom, their principal shrinks day by day.
**Finally, the mental breakdown**: In this cycle of buying and selling repeatedly, not only is the account worn down, but the entire trading mindset is exhausted.
There are really only two ways to break this cycle:
One is to hold on stubbornly. Choose a target and stick to it, don’t overthink—eat when hungry, sleep when tired.
The other is to truly let go after selling. It’s not just about deleting the app, but setting a period of three months or half a year. During this time, try not to look at the market and do something else to enrich yourself. When the time is up, come back and reassess the market.
If you can’t do the "control your hand after selling" part, then all those so-called "top-timing escapes" will only turn into "catching the falling knife." Can you stick to not operating for three months?