Recently, copycat articles have begun to increase, the market has become heated, and emotions are running high. However, always remember that no asset can only rise or fall. Even if we predict that Bitcoin can rise to 150,000, 200,000, or even 1 million US dollars, but We all still experience countless ups and downs.
If I can keep holding on, that is also a kind of ability, but the difference between the high point of the bull market and the low point of the bear market may be 70-80%. It is difficult to decide whether I can continue to hold on after experiencing such a decline.
I often think about how much loss I can bear on each investment. This may be the biggest issue for retail investors like me.
Although there is a lot of good news in April, there are still bookmakers in virtual currencies. Be careful to stop losses, do not use too much leverage, and have enough margin at all times to not only cope with losses, but also be able to cover positions.
I use this note to spur myself on and encourage you all at the same time.