Don't worry, don't let market fluctuations scare you away! Your money will not go down the drain!
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Market fluctuations make people panic? Experts' "wolf is coming" warnings make you overwhelmed? Don't worry, calm down, let me help you sort out your thoughts.
First, ask yourself, is the money you invest "life-saving money"? If not, it's just that you haven't made a profit yet, don't be too anxious. But if it is life-saving money, you do need to be cautious. The market doesn't care about your emotions, it follows its own rules. If you need to cut your losses now, take it as a lesson and don't make the same mistake next time.
But will the market continue to fall? Not necessarily! If your funds are "idle money", it's not that bad, maybe you just chose the wrong "bad day". Remember, don't just focus on the fluctuations in front of you, but look at the long term. Those who focus on the hourly chart and the four-hour chart may ignore the overall situation. If you plan to hold for a long time, don't be scared by short-term fluctuations.
Cryptocurrencies are risky, so setting a stop loss point is crucial. If you don't choose the right time to enter the market, you may lose a little, but don't forget that the market will always have ups and downs, and there will always be opportunities. You may be "diving" now, but when the market stabilizes, you may surface and reap rich rewards.
In addition, don't forget to follow my other posts (remember to subscribe). The market is still changing, and institutions are not kidding when they promote ETFs. They also have plans to make a lot of money.
In summary, short-term fluctuations will not determine your future. Stay calm and look at the long term, opportunities still exist!
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