Explanation of the reason for the previous message:
There is a fatal mistake that most people make, which is the fear of losing profits. What does this mean?
There is a person who bought at the time of decline, and his entry was very correct, and at the first slight rise, like what is happening now in the market, he sells his currencies at a profit. So far, you have wanted to extract your profits. You are free, but where is the trap?
After you sell and reap crumbs of profit, the market continues to rise!!
At that time, you will experience a new fear, which is the fear of missing the opportunity. You will enter the market again from the wrong entry areas in an attempt to catch up with the trend. At that time, there will be a correction in the market!! You fall back with the fear of falling and returning to the previous lows. You sell again at a loss, and so you continue in a vicious circle after losing your strong entry points due to greed for some profits.
Therefore, it is important to know your place in the market, and the market currently with regard to alternative currencies is still at the bottom, and any selling process currently is wrong unless you have a plan or manage specific risks, but losing previous entry points is technically a mistake that will take you on the path to destroying your portfolio.
The problem is not exiting the market. The problem is: Will you exit permanently or will you return to buy the tops??
