Sometimes, the biggest enemy in investing is yourself. You need to regain confidence to participate in this market, but more importantly — know when to stop believing and when to fully withdraw.
It may sound contradictory, but this is actually a balancing act that every mature investor must learn. Confidence prevents you from being overwhelmed by panic, allowing you to hold your position at the bottom rather than cutting losses. However, blind confidence can trap you at the top, leading to regret later.
The key is: can you distinguish between these two types of confidence? One is rational confidence based on fundamentals, cycle awareness, and risk management; the other is illusory confidence driven by emotions and FOMO. The former guides you on when to buy, while the latter can lead you to chase falling knives.
When you notice your decisions start to go against your original plan — for example, constantly raising your stop-loss points or your entry logic has changed — it’s time to wake up. Timely full withdrawal is sometimes not a failure, but the smartest way to win.
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DataBartender
· 6h ago
You're absolutely right. The moment I kept raising the stop-loss point, I knew I was doomed.
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ForkMaster
· 15h ago
You're absolutely right. I've definitely had my share of setbacks here... Last year, I missed a fork arbitrage opportunity on a project. I clearly set a stop-loss, but I still got pushed in by FOMO, and I almost lost the money for three kids' milk powder. Now I've realized that blind confidence is truly poison.
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GasWaster
· 16h ago
Sounds good, but when it really comes to the critical moment, who can do it... I'm the kind of fool whose stop-loss point keeps getting higher the more I adjust it.
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VitaliksTwin
· 16h ago
That's right, but I find that most people can't distinguish between these two types of confidence, including myself sometimes... Constantly changing the stop-loss point is just self-deception.
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BearMarketBuilder
· 16h ago
That's right, once you raise the stop-loss point, you realize you've been emotionally hijacked.
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GreenCandleCollector
· 16h ago
That's right, but I'm just afraid of the moment when I can't even fool myself anymore.
Sometimes, the biggest enemy in investing is yourself. You need to regain confidence to participate in this market, but more importantly — know when to stop believing and when to fully withdraw.
It may sound contradictory, but this is actually a balancing act that every mature investor must learn. Confidence prevents you from being overwhelmed by panic, allowing you to hold your position at the bottom rather than cutting losses. However, blind confidence can trap you at the top, leading to regret later.
The key is: can you distinguish between these two types of confidence? One is rational confidence based on fundamentals, cycle awareness, and risk management; the other is illusory confidence driven by emotions and FOMO. The former guides you on when to buy, while the latter can lead you to chase falling knives.
When you notice your decisions start to go against your original plan — for example, constantly raising your stop-loss points or your entry logic has changed — it’s time to wake up. Timely full withdrawal is sometimes not a failure, but the smartest way to win.