Why do ordinary people always lose money in the cryptocurrency circle? In this bull market, how can we seize the opportunity to successfully counterattack?
Have you found that there are very few people in the cryptocurrency circle around you who really make money? Only 1 out of 10 people may make a small profit, and most of the other 9 are losing money, or even in a state of loss for a long time.
Even if some people have been in the market for many years, like those who entered the market in 2017, 2019, and 2021, they have some experience. I have experienced many market conditions, but I still can't make money. I may never experience real profit and always pursue the road to return. This is a common problem I found in my communication with many people.
So, why is it like this? Many people give the following reasons:
The price was too high, and the stock price rose well in the past few days, but it fell back as soon as they entered the market; They bought too early and were trapped, and the price did not rise until they sold it; They saw the market fall and thought it would continue to fall, so they sold at a loss and left the market; They were always unlucky and almost made money; They did not have the awareness of stop loss, so they resisted the order; They started to make a small profit, but did not understand the trend. They covered their positions when the market fell, and the more they covered, the lower the price, and finally sold at a loss.
There are many reasons, but have you noticed a fatal problem? Most people who lose money have one thing in common: they do not have a trading system. Many people regard trading as buying high and selling low, buying and selling, and have not formed a systematic way of thinking at all, relying on intuition and emotions. This kind of single-line thinking is very dangerous.
The market itself is full of uncertainty, and there are too many factors behind price fluctuations: technical, news, fundamentals, and any deviation will affect the trend.
How to see these uncertainties clearly and deal with them effectively is the key to determining the success of a transaction.
At this time, systematic thinking is particularly important. You need a trading system to help you avoid uncertainty, regulate trading behavior, and avoid impulsive mistakes in human nature.
The Squirrel that just led the fans to layout is now starting to make a profit
I still have many such opportunities. When should I catch up now?
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