#数字资产市场动态 The bull run in 2021, I also experienced the thrill of account skyrocketing.
$SOL soared all the way up, from 250,000 to 350,000, gaining a full 100,000 in just a few weeks. At that time, I was really floating. Every morning, the first thing I did was stare at the candlestick chart, annoyed by small green moves, and when it turned red, I started fantasizing about new highs. The only thought in my mind was: it can still go up, selling now would be a loss.
So I chose to hold on tightly. No taking profits, no reducing positions, and no setting stop-loss lines.
Fifteen days later, the trend reversed.
SOL started to plunge from the top—250 USD, 220, 180, 150... I comforted myself by saying it was "shakeout," and stubbornly held on. It wasn't until it dropped to 120 USD that I saw the reality: that clear 100,000 profit on paper was now only over 10,000.
At that moment, I understood: it's not the market that’s cruel, it’s my greed.
Later, reflecting on this trade, what did I discover? The direction was correct, the logic was sound. The only mistake was mistaking unrealized gains for real principal.
Since then, I set three ironclad rules:
Once profit appears, there must be an exit plan; after reaching a new high, do subtraction first rather than addition; never wait for the "highest point," only aim to "get out alive."
Gradually, a harsh truth surfaced—those who can truly survive in the crypto world are not because they caught a few waves of market rallies, but because they avoided how many retracements and pullbacks.
The most toxic part of a bull market isn’t losing money, but earning money and then being reluctant to leave.
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PuzzledScholar
· 2025-12-31 23:37
It's so true, it's exactly me. I also held on until the end during that SOL wave. Thinking back now, I still regret it. Unrealized gains are really not money; this phrase is engraved in my mind.
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FOMOrektGuy
· 2025-12-31 19:35
Selling at a loss is even more painful than losing money, really. I experienced the same in 2021; greed kills.
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liquidation_surfer
· 2025-12-31 04:03
That's why I now want to run whenever I see a limit-up, my mindset has been completely defeated by that wave of market activity.
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RetroHodler91
· 2025-12-31 04:01
After watching, I really feel the same way. I was also greedy during the SOL wave back then, and now I still can't help but look at the candlestick charts... Sometimes, getting off early while you're alive is way more rewarding than chasing the highest point.
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DeadTrades_Walking
· 2025-12-31 03:59
Unrealized gains are not money; that statement hits too close to home. I also learned this the hard way, losing from 250,000 to 80,000.
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The pain of selling too early is even worse than losing money because that money is slipping away right before your eyes.
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Really, greed is like poison; once you've tasted it, you can't quit. You have to wait until you break your psychological price level before admitting defeat.
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Getting out alive sounds simple, but it's deadly to actually do. Every time it rises, I want to wait a bit more, then wait some more, and then there's nothing left.
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That's how the crypto world is—people who have made money die the fastest. Because with capital, your mindset changes.
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I've now posted these three ironclad rules on the wall, but I still often can't help but want to change them. Human nature is really hard to deal with.
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The bull market is indeed the most toxic; that kind of FOMO—"miss it and regret for a lifetime"—is more deadly than any bear market.
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BearMarketMonk
· 2025-12-31 03:46
Realized gains are just an illusion, and that's a very harsh statement. The real punch is that most people haven't learned their lesson from the SOL wave, and they're still repeating the same story.
#数字资产市场动态 The bull run in 2021, I also experienced the thrill of account skyrocketing.
$SOL soared all the way up, from 250,000 to 350,000, gaining a full 100,000 in just a few weeks. At that time, I was really floating. Every morning, the first thing I did was stare at the candlestick chart, annoyed by small green moves, and when it turned red, I started fantasizing about new highs. The only thought in my mind was: it can still go up, selling now would be a loss.
So I chose to hold on tightly. No taking profits, no reducing positions, and no setting stop-loss lines.
Fifteen days later, the trend reversed.
SOL started to plunge from the top—250 USD, 220, 180, 150... I comforted myself by saying it was "shakeout," and stubbornly held on. It wasn't until it dropped to 120 USD that I saw the reality: that clear 100,000 profit on paper was now only over 10,000.
At that moment, I understood: it's not the market that’s cruel, it’s my greed.
Later, reflecting on this trade, what did I discover? The direction was correct, the logic was sound. The only mistake was mistaking unrealized gains for real principal.
Since then, I set three ironclad rules:
Once profit appears, there must be an exit plan; after reaching a new high, do subtraction first rather than addition; never wait for the "highest point," only aim to "get out alive."
Gradually, a harsh truth surfaced—those who can truly survive in the crypto world are not because they caught a few waves of market rallies, but because they avoided how many retracements and pullbacks.
The most toxic part of a bull market isn’t losing money, but earning money and then being reluctant to leave.
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