I set a modest goal of achieving 20% returns in 26 years, but I hit it in just one week. Now the question is: how do I spend the remaining 355 days?
This sounds a bit heartbreaking. Many investors have experienced this situation — targeting conservative goals, only to be caught off guard by the market. The key is managing your mindset after reaching your goal: do you continue adding positions to earn more, take profits and lock in gains, or simply liquidate and wait for the next opportunity?
Achieving long-term targets in the short term is quite common in crypto markets. The volatility of coins means you can never precisely predict the pace. Some say it's luck, others call it a trap. After all, making money is one thing; holding onto it is another.
Made money too fast and now don't know what to do, lol. Just worried that the next reversal will spit out all the profits.
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Holding onto profits is much harder than making money, this is the curse of the crypto world.
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One week and you're there? Bro, did you just get lucky or do you really have some skills, spill the tea.
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This is why some people say taking profits is even more deadly than stopping losses, for real.
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Why not just clear your position and observe from the sidelines, why fight the market.
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I just want to know how you set such a conservative target, clearly underestimated it.
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You should be satisfied if you can make money, but no one in crypto can resist the temptation to keep going long, it's pathetic.
I set a modest goal of achieving 20% returns in 26 years, but I hit it in just one week. Now the question is: how do I spend the remaining 355 days?
This sounds a bit heartbreaking. Many investors have experienced this situation — targeting conservative goals, only to be caught off guard by the market. The key is managing your mindset after reaching your goal: do you continue adding positions to earn more, take profits and lock in gains, or simply liquidate and wait for the next opportunity?
Achieving long-term targets in the short term is quite common in crypto markets. The volatility of coins means you can never precisely predict the pace. Some say it's luck, others call it a trap. After all, making money is one thing; holding onto it is another.