🚨99% of the core psychological traps that cause losses are not in the market trends, but in yourself—anchoring effect

Have you encountered any of these situations?

Price drops from 4000 to 2800, your first reaction is:
“Not far from the all-time high, wait and it will definitely bounce back.”
Buying at 5000, dropping to 3500, you hold on tightly:
“Just wait for it to return to the cost, then I’ll sell!”

Seeing the original price at 999 and current price at 399, you think:
“Lucky find!”
These are not judgments, but—
your brain being hijacked by “the first number.”

This is the psychological killer that causes countless investors to lose more and more:
👉 Anchoring Effect
📌 The two most common “anchoring traps” in stock and crypto trading

① Historical high point anchoring
“It previously reached 4000, it will definitely go back there.”
—Result: long-term trapped, huge opportunity cost.

② Cost basis anchoring
“Bought at 5000, I won’t sell until I break even.”
—Result: missing better assets, becoming more passive the more you hold.

Remember one phrase:
Historical prices = stories of the past, not the current value.
📌 Smart traders always do this:

1⃣ Don’t look at historical highs, focus on whether it’s worth buying/holding now.
“If I see this price for the first time today, would I build a position?”

2⃣ Don’t focus on the cost, focus on future value.
The purchase price is your own doing, not the asset’s fair value.

3⃣ Make decisions using rules and data, not emotions.
Set clear standards for entry, adding, reducing, and stop-loss,
so you’re no longer driven by “price anchoring.”

🎯 One sentence summary:

Investing is never about chasing past prices,
but about judging whether “this moment” and “the future” are worth it.
By recognizing “anchoring effect,”
you are already closer to profitability than 90% of people.