Why do many people find it strange and share the same confusion: they can hold for a long time when the book value has a small drawdown, but cannot hold when there is a small profit, leaving the market early.

The root of the problem is not market volatility, but two completely opposite emotional instincts that influence judgment.
When holdings show a book value decline, the dominant thoughts are luck and expectation.
The first reaction to a drop in value is not to plan an exit in advance, but to comfort oneself: hold for a while longer, the market will likely recover, it's a pity to exit now.
This unrealistic expectation continuously lengthens the holding period, small fluctuations slowly amplify, and shallow traps turn into deep traps.
In the end, what troubles people is not the shrinkage of book value, but the unwillingness to admit that their initial judgment was flawed.
Once the book value turns from negative to positive, the mindset immediately reverses, and anxiety dominates thoughts.
The mind repeatedly wrestles: what if the gains fall back? Better to take profits and feel at ease; having positive returns is already good.
Impulsively closing positions early, forcefully missing the subsequent complete upward rhythm.
Over time, falling into a cycle: stubbornly holding during book value declines, and hastily exiting with slight gains.
On the surface, it's an execution issue, but in essence, emotions dominate choices throughout.
Investors who know how to settle will actively restrain their instinctive impulses: not relying on fantasies to delay exits, not being anxious to close early. All operations follow a pre-planned strategy, not the momentary mood swings during the trading session.
Set clear boundaries before entering: at which level to exit to avoid risk, and take profits after the trend completes. Standards are determined in advance, without repeated hesitation on the spot, so that the account will not be continuously drained by fluctuating emotions.
In the market, the hardest thing has never been judging ups and downs, but viewing book value fluctuations with an equally objective mindset.
You might want to ask yourself often: is every decision to hold or close following a pre-set plan, or being led by current emotions? #非农爆冷打压加息预期 $BTC