Let me analyze the psychology of those missing out, and the reasons why many people lose money in the short term.
Psychology of those missing out:
Since 28,000, Bitcoin is currently just a rebound; the rebound is for a better waterfall, and from a technical perspective, there is a bigger waterfall ahead.
Under 30,000 is nonsense; it's just a technical rebound, and it hasn't broken through the previous high, all to get retail investors on board.
Now it's at 31,000, I believe there's definitely one last drop; I haven't gotten in yet, looking for an opportunity to short.
Later at 32,000, wow, has this turned around directly? I won't miss out, right? I'll wait a bit longer.
Then BTC keeps going higher, watching the increasingly boiling market sentiment, you directly chase in with a large position and go all in, and then the pullback comes.
Reasons for losing money in the short term:
Every time there’s a slight pullback, I think to myself, I bought at such a high point, it won't rally, I missed out, if it waterfalls, it's all over, quickly stop loss.
Damn, a stop loss and it's exploded? What’s going on? After a few operations, the money keeps getting less while Bitcoin keeps getting higher.
Losing money in futures trading:
First type, shorting and then stopping loss, no way, I’ll go long and chase in, damn, as soon as I chase in, there's a waterfall, damn, quickly stop loss, and as soon as I stop loss, it rallies.
Second type, am I an idiot for insisting on trading a falling altcoin futures? A stop loss and it’s exploded.
Third type, missing out on spot trading, I must open a hundred times leverage long to chase in, as soon as I enter, it crashes, and I’m liquidated.
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