Selling if needed is completely fine, in fact I would recommend selling your investments once you think it has fundamentally lost its value.

It is probably very well known that the basic mentality here during this bear market was to just “HODL“, “DCA“ and basically not look at any charts to never sell as that is supposed to be the mantra that could make you very wealthy once the next bull market comes by. But it is not this easy at all.

Sometimes it is very important to pull the trigger and actually sell, not because you are too scared but simply because the reason you invested in the first place does not exist anymore. This can happen if a project just dies out during a bear market which happens often or if they get exposed as a scam, which we also saw last year happening.

Here are a few examples where selling may actually have been a very good strategy instead of just holding because you once believed in it:

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LUNA chart from my TradingView

FTT chart from my TradingView

There are probably a lot more examples that show this “never sell no matter what“ mantra may not be so good because sometimes it is just very good to sell and makes completely sense.