$BTC $ETH Why do many old friends still lose money when the bull market comes? What's wrong with not making much money? The market continues to fluctuate upward in small steps recently!
When many old friends first entered the green circle, they especially liked to buy copycats. They thought that the probability of copycats doubling was very high! No matter how much the mainstream doubled, it was just a little bit. Not to mention that they looked down on it! There are many people who are unwilling to listen to advice! They especially like to look at the increase in the rankings. They regret that they don't have a keen eye to discover potential stocks! It's like they missed hundreds of millions by accident!
Haha, sometimes I also find it interesting. I have come this way😁
Many people can't change their habit of chasing ups and downs! Every day when I open the market, I like to stare at the price fluctuations. I saw many coins soar overnight. I regret it so much. Catch up. I went all in when I was excited. When the market heat fades, these coins often plummet, causing huge losses. I summarized my experience. Why don’t I ship out!
Many people have made this mistake. Don’t be discouraged. There is no right or wrong! We are often overconfident and greedy: the short-term prosperity brought by the bull market masks the potential risks, overconfidence and greed! Ignore risk management, once the market pulls back, it’s a waste of time!
Many people trade frequently. In the bull market, they buy and sell frequently, trying to seize every opportunity to rise, but this often leads to increased transaction costs and may miss the greater benefits of long-term holding.
Many people play with leverage, and I am no exception. In order to pursue higher returns, leverage will be used. It’s a heartbeat, which will magnify the risk of losses. Once the market reverses, it may quickly lead to significant losses.
Invest in junk coins: In the bull market, some concept junk coins without name support may be hyped and form bubbles. Once the bubble bursts, you will suffer heavy losses. Take advantage of the situation, dear friends!
We lack risk management awareness. In fact, when the price rises to a certain level, it will inevitably fall back. The rise is an opportunity for people to sell! The fall to a low point is an opportunity to increase positions! I don’t understand the signals and news! You can just hold on!
Dear friends, stay rational: control risks, don’t blindly pursue high returns. Set a clear target size! Avoid blindly following the trend.
Pay attention to the dynamic changes in the interest rate and make it symmetrical!When a bull market comes, your assets triple or quadruple, and you are very satisfied! 🌹
