Conviction
Got the feeling and experience of watching your token go 10X while being scared of the unknown. Online we see a lot of people celebrate how much they held a token from 0% profit to 1,000% profit and you think, wow, that’s easy, I could do that too, well, I am here to tell you that it’s way harder than you think. One minute your bag is worth a lot of dollars, the next minute you find yourself going through different stages of anxiety, you start asking yourself numerous question.
Source
First stage, you can’t concentrate, you start refreshing your wallet hoping it doesn’t dump, you sometimes get the feeling of deleting your wallet app just so you can distract yourself from your wallet. Then the questions of what if starts crossing your mind, what if I wake up and everything is gone? What if I wake up and I see the value down by 60%, I rather be contented with the 100% I am seeing now than to be regretting when I am down 60%. You continuously have the urge to sell, but have to fight it because you want to earn higher, and this is crypto anything can happen.
I have watched two tokens today go 10X after I sold them and I have watched the one I held go down 60% while holding and I am still holding them, the emotional roller coaster is out of this world, so whenever I see a 10X or more profit taker, I will have to clap for them, they did great.
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