I want to follow trades but I'm afraid, because I haven't made a profit from following trades even once. It might be better to trade on my own, or maybe I just haven't followed trades for long.
The defense of $ETH eth is as fragile as ever, independent market trends have never existed. I advise everyone to see the facts clearly; only BTC has an independent market trend.
Retail investors have to endure the manipulation of the market by the big players in order to have a chance to profit. The big players control the ups and downs, while retail investors must persevere until they can discern the truth from the falsehood. The big players, with their god-like perspective, consistently drive away 80% of retail investors, leaving them to reap the profits. It's really frustrating.
$BTC I really want to know what the dealer is enduring? It's fine, I can stay up all day and keep an eye on the market, I want to see if I can outlast you, the trend is still not obvious after such a long time.
This year's Bitcoin breaking new highs hasn't been much of a sensation, unlike last year when everything was buzzing, because I made a wave with altcoins, everyone was very happy, and Trump coin went from 7 bucks to 70, this year is really too quiet, perhaps retail investors really can't make money.
$ETH Now the feeling about Ethereum doesn't seem suitable for entry, there's not much movement. Before I incur losses, I would also immediately close my long positions to prevent a plunge. I have already learned my lesson in November and December last year; the crypto market is very treacherous. I thought last year that ETH would at least break five thousand, but I couldn't hold my position from 4100 down to 2400, closing my long position with a loss of 900 USD. Why didn't I close in between? Because Bitcoin often goes above one hundred thousand, creating a false sense of a bull market. From the end of November until now, it has only been a Bitcoin bull market. Ethereum has retraced from 4200 to 1300, and now Bitcoin has reached a new high, while Ethereum has only returned to half of its highest point. Among altcoins, it is already considered the best. For the remaining spot positions, I choose to hold them tightly until I can reap the full benefits of the bull market or go through a complete cycle of the bear market! I won't play the low-buy high-sell game; I'll let time create profit. I hope to recover the lost 10,000 dollars as soon as possible.
Who can understand the ETH market these days? Fortunately, the positions have always been small, and strict stop-loss controls have been maintained, so I haven't held onto losing trades.
I recently came to terms with it. In the past, I always thought I should hold long-term and ignore intraday fluctuations. I was only looking at 4-hour candlesticks, which led me to hold onto ETH for three months and incur a loss of 800 USD, and holding SOL in spot also resulted in a loss of 120 USD. I feel like I could just die; I've become such a foolish pig. The only wise approach is to make small bets for big gains in short-term trading or to invest steadily in spot. 920 USD is enough for me to make small bets hundreds of times; even with a win rate of 10%, I can break even. Thinking that I won't get liquidated and just holding is gambling. Yesterday, I saw someone on Twitter who bought pnut and trump in spot and held it, turning 5.2 million dollars into 90,000 dollars. Steady investing and short-term contracts are the wise choices. Screw the idea of not getting liquidated; just hold on, and the final result will be zero.
$ETH "If I hadn't closed my position, I would have made several times the profit now." Is this something you often regret? But you should know what the butterfly effect is. The mathematical result is the most intuitive butterfly effect. It requires a complete amount to drive the overall situation. So it is your closing of positions and stop loss that drive the overall rise/fall. As long as you don't close your position, the rise or fall you hope for will come later than you hope, or may never come. The rise and fall actually only depends on your closing of the position.
In the long run, holding onto a position has no benefits. In extreme market conditions, decisively cut losses and plan the next entry point wisely while keeping a rational mindset.
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