How to get out of the trap when speculating in the cryptocurrency circle?
It is a common phenomenon that people are trapped at high positions when speculating in the cryptocurrency circle. People buy at high positions because they are afraid that they will miss the market if they get on the train too late. As a result, the market plummets after buying, from the top of the mountain to the bottom of the mountain. Some people encounter this situation and directly place a high-level sell order, and then ignore it, calling it "Buddhist cryptocurrency speculation".
Many investors are always entangled, why their entry and exit points are not perfect, always one or two points apart, and some investors want to stick to the points blindly, and the result is that they either miss the market and fail to grasp the profitable orders in time, or the orders are originally profitable, but because they want to be greedy for one more point, the market goes in the opposite direction, and the profit instantly turns into a loss, which is not worth the loss.
