Hello everyone! It's time for the segment you love to watch.
1. Frequent Switching of Positions
In a bull market, we are often attracted by various seemingly huge investment opportunities, leading to frequent switching of positions between different assets. In a bull market, we often become anxious due to the rotation of market hotspots, losing control over our overall investment strategy. Frequent switching of positions is often based on short-term market fluctuations rather than long-term investment strategies. The most fatal point of frequent switching is that after switching, the assets we sold take off; if this happens a second time, it becomes even more fatal (I'm losing my mind!).
2. Chasing Highs and Selling Lows
The correct way to chase highs requires timing, location, and harmony among people: 1. Adding positions at the moment of volume expansion at the starting point; 2. Pulling back to key positions after the start; 3. These are all good choices when the first wave is completed and the second wave is running. Instead of panic buying when the token price has already risen significantly and indicators are severely overbought, this can easily lead to buying at high prices when the price rises and then panic selling when the price slightly drops.
3. Putting All Eggs in One Basket
Those who have heard too many stories of getting rich quickly really believe it! They invest all their funds into a single or just a few assets, expecting to gain high returns through this "all-in" approach. This concentrated investment strategy ignores the importance of risk diversification, overly relying on the performance of a single asset. Once the market reverses or the asset encounters problems, they may face huge losses. An impulsive mindset leads investors to be overly optimistic, neglecting the unpredictability of the market and the necessity of a diversified portfolio.
4. Increasing Leverage on Contracts
"At the beginning, the leverage wasn't that big, but it kept falling, so I kept adding positions. It kept falling, and I kept adding positions; finally, I couldn't take it anymore and cut my losses. Unexpectedly, just after I cut my losses, it bounced back immediately. I wanted to get back what I lost, so I had to double down and increase the leverage..... I didn't expect it to not be a reversal, but a dead cat bounce, and after a night's sleep, I was liquidated, damn it..."
Recently, I plan to set up a potential coin that is ready to explode; flipping it is quite simple. At the same time, I also plan to find some potential coins to hold until the end of the year, with an expected return of over ten times not being a problem. If you want to follow along, leave a message, follow, and like.