Why do novice traders always lose money in cryptocurrency? The reason has been found!
Those big players create a continuous cycle of fluctuations and declines, making you feel like you can't hold on and want to run! If you still hold on without selling, they will continue to push the price down. Are you really planning to hold on until the end? Then another wave of decline comes, have you thought it through? If you don't run now, it might really drop to the bottom! As a result, many retail investors feel anxious and eventually can't bear it anymore, so they cut their losses and run.
Some friends don’t get to run in time, and when they see the price still falling, they feel regretful but are unwilling to admit defeat. They think, if only I could get another chance, if the price returns to the previous high, I will leave immediately.
This is actually all driven by human nature. At first, everyone is full of confidence, saying they will wait until the peak of the bull market to sell, and they won't withdraw until the bull market ends. But after suffering losses again and again, the losses keep increasing, and those grand statements have long gone out the window.
As the market fluctuates back and forth, the losses also accumulate, and naturally, the mindset changes. Over time, the mindset is definitely affected, feeling increasingly uneasy every day, and it builds up more and more until they finally can't hold on anymore, choosing to cut losses and leave with tears in their eyes.
The purpose of the market manipulators is thus achieved, and then they start a frenzied rally, making you slap your thighs in frustration!
Currently, Bitcoin is in a downward fluctuation state, and the upcoming US elections and Federal Reserve interest rate cuts mean the market is facing a significant turning point. In this situation, it is most suitable to lay out potential altcoins! I have carefully selected a cryptocurrency that is expected to increase 2-3 times in the short term and 5-10 times in the long term. Leave a comment + like for a free share!
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