Why are most people still losing money in the bull market? There are three main reasons! [Attention! Reference!] 💹💹💹
1. Wrong currency selection
This round of bull market cottage is not hopeless, but among all the targets, only a few can rise. When you don’t understand the development of the industry and lack of cognition, you can only pick up leftovers. You don’t understand the currency you bought, so even if you are lucky and buy a currency that has risen well, you only buy a small position, and most of the funds are in a loss.
2. Wrong timing to buy
If you don’t choose the right currency and don’t understand the fundamentals, at least you can use the technical side to help you increase your winning rate and reduce the probability of loss. When you are optimistic about a currency that has risen well, you can also see from the market whether you can enter it later, so as not to chase it at a high level.
3. Know how to buy but not sell
There are few coins that can rise by themselves, and it is not ruled out that some people are lucky enough to encounter a currency that has risen well. Suffering from not knowing how to sell, either running away after making a little profit, or holding on to it foolishly when the market reaches its peak, and failing to grasp good opportunities. God has given me opportunities, but I don’t work hard to improve myself and have no ability to grasp them.
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