Has anyone noticed that every time a bull market comes, everyone is vying to show off their earnings and their unique vision😁😁
But in fact, what really determines whether you can make a profit from the market is when to sell.
In this market, buying is relatively simple. After all, the overall market is rising. Just buying a coin may have a profit in the short term.
But the question is, when will it reach the top?
Many people become very greedy as soon as they make a profit, always thinking about making more, but the market suddenly changes direction, and the profit is gone all of a sudden, and even the principal is lost.
Most leeks lose money because of greed and hesitation. Watching the coin price rising all the time, I wondered in my heart "Will it rise a little more?" When the market started to fall, I was lucky enough to think that it would rebound, and as a result, I missed the best time to sell.
It is easiest to make money in a bull market, but it is also the easiest to lose money. If there is no clear profit-taking plan, no matter how high the profit is, it is only wealth on paper.
Many people think that a bull market is the best time to make money, but only those who have experienced it understand that it is actually a psychological battle.
Whether you can catch the rhythm of the market depends not on how perfect your buying timing is, but on whether you can decisively leave the market at the high point.