I believe that friends who read this article at this time have lost their orders and are extremely anxious. I want to say that I can really understand this feeling, because in the past few years in this industry, there are always too many examples of chasing ups and downs, or entering too early and exiting too late. Too many early knowledge, almost, too late. Never complain about the market, the market has always been there, but your judgment is not very timely or accurate. We all know that there are no rules without rules. Any market will have its laws, and Bitcoin is no exception. It's like playing football. If you don't follow the rules of the game, then in the end you will only regret leaving the market, and every time you are trapped in an order, it is a yellow card warning for you.
How many days and nights have I sat in front of the computer, staring at the market intently; how many times have I beaten my chest and stamped my feet, enduring the inner anxiety and torment, expecting the market to go as expected. Investing friends, if my article touches you, please stop and read it carefully. Whether you are experiencing gains and losses, or are confused, I hope my article will be helpful to you.
Everyone envies the financial market for making money quickly, so many people are eager to make a move, and invest their hard-earned money in it, but the result is not what they expected. In fact, a good attitude is very important for investment management. Next, let's talk about the psychological thoughts that investors encounter when they just enter the market or are investing in the market.
1. Blind and Bold Mentality
Some investors have never seriously and systematically learned investment theories and techniques, nor have they undergone any simulation training, and do not even understand the most basic investment knowledge, but they rashly enter the precious metals market and participate in investment, and the rapid depreciation of their capital accounts will be an inevitable choice. Other investors, once they find that the market price fluctuates greatly, enter the market without thinking, and often get stuck or even blow up their positions.
2. Lack of patience
Some investors wish that once they enter the market, the price will move in a direction that is favorable to them, preferably a large movement, so that they can become rich overnight. However, the probability of this happening is very small. In most cases, after entering the market, the market price always seems to be against them and moves in the opposite direction. This is the time to test the patience of investors. They must strictly follow the original operation plan and never act like a monkey who gets sesame seeds but loses watermelons. They will sell their stocks in a hurry after making a little profit, which will often be counterproductive.
3. The mentality of not wanting to give up everything
There are countless investment opportunities in the BTC market, but investors’ time, energy and funds are limited, and it is impossible to grasp all investment opportunities. This requires investors to make choices, and by weighing the importance of various investment opportunities, the size of hot spots, and other aspects, selectively give up small investment opportunities, so as to better grasp larger investment opportunities.
4. Greed and Fear
Even a smart person will become stupid when he is afraid. In the Bitcoin market, fear often causes investors to malfunction, make mistakes, and ultimately fail. Therefore, fear is the biggest obstacle for investors to make profits in the market. Although most investors can understand what I said, few can flexibly apply it in their operations, resulting in losses in the investment market.
Operating concept:
1. Follow the trend, don’t predict the trend, go long on dips during an uptrend and go short on rallies during a downtrend, and don’t trade against the trend.
2. Strictly control positions, allow risks and returns to coexist, and adhere to long-term stable trading.
3. Strictly set the take-profit and stop-loss, with a small stop-loss for a big profit.
For a successful investor, personal ability is indispensable, and trading experience is also an important factor, but the premise of these conditions is that the investor must have a healthy and good trading mentality. Only in this way can we go further and further in the investment field.
Vincent's message:
The way to long-term success in investment is to have a stable mentality of 45% + risk awareness of 20% + superb technology of 35% = long-term profit! If you want to go on the road of investment for a long time and want to achieve certain results, these factors are necessary, and you are at a loss at the beginning. Choosing the right guidance and the right teacher to help you establish your own perfect investment ideas is the best way for you to go on in the long run.
My guiding idea is to teach people how to fish rather than give them fish. I will help friends who find me to establish their own operating ideas. I will sincerely teach you the technology and cultivate your sense of the market! To achieve investment success in a lifetime, you don’t need superior IQ, extraordinary business foresight or insider information. What you need is a more complete knowledge framework that can help you make decisions, and the ability to eliminate emotional interference.
