《Chasing the rise hides risks, be careful when investing》
Have you ever wanted to buy but didn't, and then felt sorry because of the price increase? Have you ever been caught in a deep self-blame after chasing the rise in a hot head?
This kind of thing often happens in the currency circle. The main reason for it is actually the lack of understanding of the project, the lack of attention to the macro economy, the lack of understanding of market sentiment, and the confusion about the direction of the market.
If you clearly know what the project does, the project ecology is well done, and the market investment enthusiasm is high, then you will reduce the situation of wanting to buy but not buying.
And you happen to pay attention to the macro economy, whether various news is good or bad, and are guiding the overall direction of the market. You have a general judgment on the market, then you are very rational, and you will not chase the rise because of your hot head, putting yourself in risk.
Yesterday, we told everyone to open a long position at 0.85, but when it dropped to 0.87, the longs started to go long because many people saw the recent outstanding performance of BNX. Now, before Bitcoin reaches the pressure level of 60,000, the risk is greater than the benefit. It is recommended to wait. In addition, tomorrow is the weekend, and it is expected that the next two days will be mainly volatile.
