Selling in the cryptocurrency circle is the most difficult. The difficulty is not the method itself, but your reluctance to give up profits and your greed for more money. However, people who have not experienced the entire cycle of bull and bear markets do not know this.
For example, in a bull market, your assets reach 1 million, and after a night's sleep, they reach 600,000. You will sell or not. Newcomers will definitely not sell, because they feel that they have lost 400,000.
Old people who have lost money will definitely sell, because they feel that they have earned the 600,000, and the 400,000 is just taken back by the God of Wealth, and it is considered an offering to the capitalists. I also have to thank the capitalists for helping me make money.
Many people join some groups, and every time the group is very lively, they start to ship. This indicator of shipping must be accurate. When most people make money and are excited, it is time for you to withdraw.
But don't rely on this indicator to buy at the bottom. The emotion of fear and loss is difficult to quantify. A drop of 10%, 20% or 50%. It seems to be the same.
Playing with local dogs is even more terrible. The pace is very fast. Come on. The bull market is coming.