Then, suddenly, it drops to 19,500. Are you still in?
If you don’t sell out, you can keep watching the show — it rebounds to 150,000.
This is not a math problem; it's a psychological battle. Each wave can crush most people. When prices surge, you think "I made a lot," and during big drops, you think "I'm doomed." The ones who truly make it to the end are never the best at math — but those with the most stable mindset. That’s why long-term holding is always said to be easy in theory but so hard to do in practice.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
6 Likes
Reward
6
5
Repost
Share
Comment
0/400
0xSunnyDay
· 21h ago
No hype, no criticism. This article is actually about us... True coin holders initially had to HODL out of necessity, but ended up making a profit. Pump and dump schemes happen wave after wave because people can't keep their composure.
View OriginalReply0
0xSoulless
· 21h ago
Well, the story is told quite well, but in reality, 99% of people can't hold on to the second wave of gains and end up selling at a loss. I am that 99%.
View OriginalReply0
GrayscaleArbitrageur
· 21h ago
When it reached 7 million, I would have definitely run away, I’m not lying to you
---
Easy to say, but when that moment really comes, everyone is just a paper tiger
---
The most stable mindset? Ha, that probably means you really didn’t care about this money at all
---
From 10,000 to 500,000, I already popped champagne, let alone 7 million
---
That’s why I can only watch and wait; I truly admire the genuine holders
---
The difference between a psychological warfare winner and a bankrupt is just one night of insomnia
---
If I had known it would be this hard, I would have just laid flat
---
Honestly, 99% of people won’t make it to the 7 million mark
---
I just want to know, how do those who really persevere sleep at night
---
Every crash feels like a cut of flesh, and those who claim to stabilize their mindset are just armchair strategists after the fact
View OriginalReply0
DeadTrades_Walking
· 21h ago
That's right, mindset is the real filter. I myself sold out during the 195,000 wave back then, and I still feel like vomiting when I think about it.
---
During the 7 million wave, my friend couldn't resist and went all in on the down payment for a house, and as a result, the price dropped so much he almost fell into depression haha.
---
So ultimately, holding coins for a long time doesn't mean having a strong mindset. The real test is whether you can survive a big drop and see the rebound.
---
Don't talk about long-term holding; how many can really stick to the end? Most are just forced to hold.
---
In my opinion, this is why 90% of people can't make money. Honestly, mindset is worth much more than technical skills.
---
Every time I see stories like this, I feel grateful that I recognized reality early. Cutting losses in time is the key.
View OriginalReply0
HodlKumamon
· 21h ago
Xiong Xiong was really touched by this example... From a psychological perspective, this is a typical emotional fluctuation trap. According to behavioral finance data, 80% of retail investors start to waver after their first 50x gains, not to mention the subsequent declines. It's truly the ultimate test of human nature.
Imagine investing $10,000 in Ethereum in 2014.
Sounds simple? Try sticking with it.
You watch it go from 10,000 to 50,000. No action.
Then 70,000. Still no action.
Then, suddenly, it drops to 19,500. Are you still in?
If you don’t sell out, you can keep watching the show — it rebounds to 150,000.
This is not a math problem; it's a psychological battle. Each wave can crush most people. When prices surge, you think "I made a lot," and during big drops, you think "I'm doomed." The ones who truly make it to the end are never the best at math — but those with the most stable mindset. That’s why long-term holding is always said to be easy in theory but so hard to do in practice.