🚨Why do you always miss the opportunity to realize profits? What is the effect of profit fixation?
$BTC
You are buying currency, and your account reaches $100,000. You are happy but you don't sell. After a few days, it corrects to $80,000. You should still be excited compared to your entry, but your brain is screaming: You just lost $20,000! I have to wait until it reaches $100k again to sell. As a result, the price does not recover; it drops to $50k, then $20k. You go back to zero. This is profit fixation.