#山寨币走势展望

Good morning! It's that time again, the segment everyone loves to watch.

In a bull market, various investment opportunities seem quite tempting, making it easy for us to keep switching here and there, always thinking about catching every hot trend. As a result, we feel unsettled, forgetting our original investment plans and just following market fluctuations. The worst part is that the assets we just switched out can skyrocket, and when it happens again, the mindset is just explosive!

Chasing Highs and Fearing Drops

When chasing highs, you need to find the right timing: either quickly increase your holdings when it first starts to rise, or follow in when it pulls back to a key position, or enter during a small pullback after a wave of increases. It’s not about waiting until prices have skyrocketed, and indicators are all over the place before rushing to buy. Doing that means chasing prices as they rise and panicking to sell at the slightest dip, which is really unnecessary.

Putting All Bets on One Asset

We often hear stories of people getting rich overnight, and some newbies really believe it!

They recklessly put all their money into one or a few assets, thinking this will turn things around for them. This approach is too risky, forgetting to spread out the risk. If the market suddenly changes, or if that asset has problems, they will be left crying. In their excitement, they forget that the market is unpredictable and that they need to put their eggs in different baskets.

Leveraging Contracts

“Initially, the leverage was small, but it kept dropping, so I kept averaging down, buying more as it fell, until I just couldn’t take it anymore and had to cut losses.

Right after I cut, it rebounded, and I thought I needed to make back all my losses, so I gritted my teeth and doubled down on the leverage... and what happened? It was just a feint; I woke up after one night, and I was liquidated. Oh, what a feeling...”

#BSC生态活力释放

In the crypto circle, if you don’t have a good community or insider information, then I suggest you follow me. I’ll help you get on board without any cost. Welcome to the team!!!