🚫 Don’t Go Against the Trend – A “Pricey” Lesson in Crypto
The market can make you feel “special,” thinking that you see things that the majority don’t. But the truth is that going against the trend doesn’t make you smarter, it just thins your wallet faster.
Why you shouldn’t go against the trend?
1️⃣ The trend is your friend, not your enemy
When the market is bull, stubbornly holding on to short positions is like rowing upstream in a storm. You’ll run out of steam before the market turns.
2️⃣ The market is always right, your ego is not
Don’t let the “price will definitely turn” mindset make you fall prey to sharp increases and decreases. Sometimes your logic is right, but your timing is wrong—and the market never waits for you.
3️⃣ Catching a falling knife or catching a late trend is dangerous
Trying to “catch the top or bottom” just to prove that you are a talented trader can cause you to lose opportunities and capital.
Advice:
• Going with the market trend, even though it is sometimes “late”, is still better than trying to guess the bottom or top to stand out.
If the market trend is unclear, stay out and observe instead of trying to profit from the chaos.
Remember: Just one correct order following the trend, you can make up for many wrong orders. Don’t fight the flow, know how to surf at the right time!