#币安MegadropSOLV

Reasons why beginners lose money in the cryptocurrency bull market:

First: At the end of a bear market and the beginning of a bull market, they hesitate to buy. Having just experienced the cleansing of a bear market, their minds are still filled with bear market thinking, causing them to miss the best time to enter.

Second: In the middle of a bull market, when the trend starts to rise, they hesitate to buy, always thinking to wait for lower prices. By the time they decide to enter, they may find themselves stuck at the peak, which prevents further entry.

👉 To learn more about cryptocurrency and get the latest information, click on my profile to join the group. I share contract trading techniques for free, providing daily points~

Third: They cannot hold onto profits, frequently engaging in short-term trades, selling at small gains.

Fourth: Misuse of leverage leads to liquidation.

Fifth: At the end of a bull market, as the market becomes frantic, under the pressure of profit, they cannot resist the huge temptation, frequently increasing their positions and chasing prices, leaving themselves standing guard at the peak.

To determine whether the bull market is still ongoing, the simplest strategy is to keep an eye on Bitcoin's movements. As long as there is no large-scale liquidation, it means the market is still bullish!

Understanding cryptocurrency trading is a process that is the same: from seven losses to two break-even points and then to one gain, it is all about focusing without distractions and not being greedy for various profit models; firmly sticking to one trading system, over time, this system will become your cash machine.