Bought at 1600, $ETH , why not sell at 4800?
To be honest, if I had known it would drop back below 3000,
I would have sold everything at 4800,
but the truth is, no one knows the answer before the market moves.
My first purchase of $ETH was at 2000,
and after buying, it dropped straight to 1400.
At that time, many people told me to sell because it would go to 500.
I did waver, as the market sentiment was truly awful back then.
After holding it for several months, when the rebound started,
from 2000 to 3000,
another group of people urged me to sell,
saying it was just a short-term bounce after a sharp drop, and it would fall again soon.
As everyone can see now.
I exited my principal at 4200,
and held the rest until today.
The most amusing part is,
the people who were shouting 500 at the beginning,
started saying 8000 when ETH hit above 4000.
The market always works this way.
Before the price moves, everyone is just expressing their own emotions.
You must stick to your own trading plan,
and filter out the noise—only you can be responsible for your own funds.