Why does holding coins longer make you feel less confident?

The passion and enthusiasm you had when you first entered the crypto world are now vividly remembered. You were full of imagination about the market and hopeful about the future. But as time goes on, even if the coin prices remain relatively stable, your heart feels increasingly anxious. This is the truth about holding positions—it tests not just your technical analysis but your mindset.

The longer you hold, the more your mind starts to stir. The market may be calm on the surface, but in your mind, movies keep playing. Sudden crashes, sell-offs, black swan events—one after another, as if the market is about to collapse at any moment. These fears are usually not genuine market risks but exaggerated negative imaginations that drain your confidence and energy unnecessarily.

Over time, self-doubt becomes a shadow that follows you. Your once firm judgment begins to waver: "Was my initial decision really correct?" Once this thought takes root, it’s easy to fall into a vicious cycle—selling in a panic when you make profits, desperately trying to buy the bottom when you’re at a loss, ending up caught in a confusing situation where your right foot steps on your left. Missed opportunities, unexecuted plans, and the chance slips through your fingers, while the dilemma deepens.

There’s also an important pitfall: many people lack a clear trading plan. They don’t plan when to enter or exit, when to take profits or cut losses, and can only passively take hits, dancing along with the K-line. This disorderly state naturally amplifies anxiety, making people feel increasingly uneasy.

In essence, holding a position is a form of self-cultivation; there’s no need to make yourself suffer excessively. The market’s chart doesn’t change; what changes is our understanding and mindset towards it.

To live more comfortably amid the ups and downs of the crypto market, the key is twofold: keep a steady mindset and execute a solid trading plan. As long as you do these, you can stay clear-headed amid market volatility, make more rational decisions step by step, and ultimately become a true winner.