🤣 This question is indeed a bit heart-wrenching. In fact, I usually buy assets under rational circumstances, and it takes a long time for me to mentally prepare before buying spot. Once I buy, I rarely sell. For example, with $BTC, I started buying in 2018 and haven't sold a single time since then. Even when I tell myself I'm ready to buy a bit for short-term trading, I still can't bring myself to sell after buying.
The few coins I bought at the beginning of the year are the best example. I initially planned to trade short-term, with an average price of about $96,500. However, when it reached a new high, I still didn't sell and have held onto them until now, and I haven't sold this time either. Not to mention the Bitcoin I bought even earlier; just yesterday, I was telling my friends that if you don't need the money, don't sell BTC, even though you might miss some short-term opportunities.
However, in the current event-driven market, it's uncertain when it will continue to rise or even reverse (I still believe this is a rebound because the main increase is in BTC, while other cryptocurrencies are still undervalued, and monetary policy hasn't shifted). There's always a possibility of missing the selling opportunity.
So my view on spot is that unless there is a systemic risk, such as expectations of an economic recession, I have no plans to sell my spot. Of course, that's just a thought; when the time comes, I don't know if I will actually sell.
Right now, I am opening a small Ant position to validate my judgment. If I'm right, I can boast a bit; if I'm wrong, I stand at attention to take the hit. Irrationality is almost non-existent for me. Every time I feel the FOMO, I try to restrain myself from chasing long or short positions.
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