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Both short-term transactions ended with the stop loss being hit. It is normal to make mistakes in short-term transactions. There is no 100% accuracy in transactions. It depends on the overall results. I don’t know how many people are happy and how many are worried about the market in the past two days. More and more people think that the bull market has ended, and more and more people are bearish.
The mainstream market fell a little bit, while the copycat market fell a little bit, but overall, it was okay. The bloodiness of this bull market was more than ever before, so we can’t compare this bull market with the previous one. The environment of the currency circle is different, and the trend is also different.
The bloodier the wash-out, the more panicked the retail investors will be, and the more they will dare not enter the market. It is clearly a bull market, but the wash-out feels like a bear market. That is why many people think that this is the tail end of the bull market and the beginning of the bear market.


My opinion has never changed. It is a bull market at present. No matter how the market is washed, it cannot change the overall trend of the bull market. Once the law is formed, it will not change. Washing the market is a means for the main force to operate the market. The main force will not let retail investors make money easily, so through continuous washing, those who are not firm in will and those who do short-term trading will be washed out. Those who cannot be washed out are those who are in sync with the main force. At least these people will not sell during the main force's pull-up. Wait until the main force's pull-up is over, and then carry out the next shock wash, and then wash out a part of it. In this way, the main force will have more and more chips in its hands. If retail investors want to get chips, they can only chase high, which can make the price rise again. Look at the trend of Bitcoin. After a wave of increase, it will start to oscillate and pull back for a period of time, and then start to rise again. After Bitcoin hit the bottom at 15487, it has experienced 4 waves of increase and 4 waves of shock.


But no matter how the callback is made, the bottom is always rising. After each shock, the price breaks the previous high. Except for Bitcoin, most other currencies are like this. Only in the bull market will such a trend appear, and the bear market is the opposite. The previous article mentioned that during the bull market, the more it falls, the happier you should be, because every decline is an opportunity to enter the market. Only those who cannot understand the trend and cannot distinguish between bull and bear markets will be afraid when the market falls and then sell at a loss.


People who have a trading system will never go all in at any time and will always have funds left to cover their positions, because all their operations are carried out in accordance with the trading system.
When the market goes up, you have positions that make money; when the market goes down, you have funds to cover your positions. No matter how the market changes, you can attack or defend.


On the contrary, the more the price falls, the happier I am, because I can once again get the chips at the lowest price.

Therefore, a complete trading system is a must for traders. Only a trading system can guarantee us a good result.


Buffett once said: When others are greedy, I am fearful; when others are fearful, I am greedy.


When the market is full of fear, that is when we should be greedy. If we follow the crowd at this time, the result will probably not be good.


However, you can’t just buy at the bottom randomly. From the trend in the past six months, we can see that it is not easy to make money in the cryptocurrency circle. Not all currencies will rise in value, so you still have to choose valuable potential currencies to buy at the bottom.

Are you still fighting alone in the cryptocurrency circle? Add me, join our cryptocurrency exchange community, and share the wealth feast together!

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