What is the reason for losing money all the time?
According to statistics, more than 90% of the leeks who speculate in coins lose money. My personal feeling is that it may be more than 90%, maybe more.
According to my own experience of losing money, one of the important points is chasing high.
When a coin is at the bottom
I feel that it is rising slowly and I don’t want to buy it. When it rises halfway, I feel that it is too high and dare not chase it. However, when it rises to the pressure level, I am anxious and think that it will continue to rise. As a result, it falls as soon as I chase it, and I am trapped in it. I can’t bear it every day and sell it again.
As a result, I sold it at the bottom again.
I was unwilling to see it rise in the second wave, and chased it again. As a result, I encountered the second retracement again, and was slapped in the face back and forth, and continued to lose money.
Solution to the problem:
Find your past transaction list, separate the losing buying points and the profitable buying points, and summarize them separately. When opening a position to buy in the future, only buy points with a high probability of success, and give up the buying points with a low winning rate.
