Today, I want to share the view that we must always hold reverence for the market.
In the past few days, trading has been relatively smooth, which led to a bit of arrogance. When the market dropped, I chose to bottom-fish in the altcoins, but ended up buying at the mid-level (I used to set stop-losses, but this time I subconsciously ignored that). After that, I kept adding to my position every time the price fell, and ended up getting trapped. Although I have since escaped the trap and have a considerable floating profit, I know that holding onto a losing position is ultimately wrong. I cannot rely on luck every time, and I take this opportunity to deeply reflect on myself.