Let’s take a look at the current 4-line charts of ONDO and PNEDLE. As strong targets in the past three days, both of them have performed well. If you only look at the daily line, both of them can do it.
But if the decline occurs under special circumstances, such as the current decline of BTC and ETH, causing the entire environment to decline, how should we choose?
Don't think about ONDO buying the bottom, think about PNEDEL making a strong comeback.
The concept is simple, just imagine that you have two orders in your hand.
You hold ONDO and the price keeps falling. You set a stop loss and sell it naturally when the stop loss is hit. There is no stop loss and the price keeps falling below the past average price. How long can you endure without closing the position?
You hold PENDEL, and the price keeps falling, but not by much. If you set a stop loss and the price drops sharply and you don't exit the market, you will naturally continue to hold on. There is no stop loss, but the entire chart is still above the average price. Do you have a little more confidence in not closing the position?
Your true feelings are the same as 80% of other investors in the market. If everyone feels the same, the result of these funds will be a butterfly effect.
This butterfly effect is that the strong are stronger and the weak are weaker.
