The surge of altcoins can be thrilling, but don't let your account balance lead you astray
Hey, recently the altcoins have indeed surged quite a bit, doesn’t it feel like riding a roller coaster every day? Is your account balance skyrocketing, making you feel like you’re on a high every day? But we have to say, this mindset is actually not good for trading.
You need to understand that real trading should not focus on the numbers in your account, but on the market trends themselves. Yes, it’s quite counterintuitive, but those real traders think this way. If you keep staring at your account, you’ll be led by those profit and loss numbers, and that’s not a good approach. It will affect your observations and judgments about the market.
Those experienced traders only pay attention to the rhythm of the market itself; buying and selling have never been a problem for them. Because they know that the market's rise and fall has nothing to do with the profit and loss targets you set. You need to learn to let go of those obsessions and illusions to truly feel the market's rhythm and achieve what is called “zero vector trading.”
So, for those who feel their trading mindset isn't quite right, I suggest you hide or fold your account balance. Many trading app exchanges now have this feature. You need to focus your attention on the rhythm of the market trends and not just stare at the numbers in your account. Operate according to the strength of the market's bulls and bears, and you will find that making a profit is actually a natural occurrence!