The secret of the decline after buying and the rise after selling: Why do you lose in trading?
Before reading the topic, this is a strong $SOL currency that will help you achieve strong profits
Some points that may help you understand the reason and how to deal with it:
1. Insufficient analysis:
If you buy currencies based on guesswork or random advice without studying the market or technical and fundamental analysis, there is a high probability that you will make wrong decisions.
2. Entering at the wrong time:
Many people buy currencies when they rise significantly (fear of missing out), which leads to buying them at a high price. When the price begins to correct naturally, losses occur.
3. Psychological factors:
Fear and greed play a big role. You may sell quickly at the first loss instead of being patient, then later discover that the price has risen after the sale.
4. Lack of a clear plan:
Traders who enter the market without a plan (such as setting profit targets and loss levels) often get confused in their decisions.
5. Natural market movement:
Markets are always volatile. Your movements may be just part of the daily market fluctuations that cannot be avoided.
The summary of the topic is that you cannot wait for the rise again
For example, I had $200 with which I bought BTC and its price was $20,000, then it went down to $16,000 and I bore the loss, although if I had left $200 until now, it would have been