🌊 The Value of Trends – The Advantage of Going With the Flow
In the volatile crypto world, trends are more than just a concept – they are a compass that helps you avoid making bad decisions and find growth opportunities.
Why are trends important?
1️⃣ Trends are the big picture of the market
A clear trend tells you where the money is flowing: up (bull) or down (bear). Understanding the trend helps you avoid costly counter-trend trades and focus on the trades that go with the flow.
2️⃣ Following the trend increases the probability of winning
There is no need to guess the top or bottom when you go with the trend. When the trend is up, just hold a long position; when the trend is down, watch for favorable selling points. This minimizes the feeling of “fighting the market” and reduces psychological risks.
3️⃣ Trends don’t betray, only people miss
Trends can last longer than you think. Many people cut their losses early because they are afraid of reversals or enter orders early because they think the trend has “run out of steam”. But the truth is that if you know how to be patient and stick with the trend, the reward always comes to those who understand the market better than those who are afraid of it.
Lessons from the trend:
• When the market is rising strongly, let your profits run long instead of rushing to close your profits early.
• When the market is falling, don't think the price is "too cheap" and rush to catch the bottom when there is no clear reversal signal.
Remember: Following the trend doesn't make you the one who earns everything, but it will definitely help you keep everything you have.