Why can you hold on to your losses but not your profits when you trade in cryptocurrencies?
You have to know that trading is against human nature. You have to do the opposite to make money. Do you understand?
Many people are most likely to show patience and "sit still" only when they hold positions that go against the trend (losing money). Of course, they have to pay a high price for this. In fact, they should be brave enough to cut off their arms and act immediately to close their losing positions and suppress the amount of losses.
If the trend is really your friend, why do you go against the trend? Let's think about it: Isn't going against the trend equivalent to facing a speeding train head-on? So the next time you are considering establishing a position, or you already have a position and don't know whether to close it or increase it, you might as well think about it from a real-life perspective: following the trend = your friend;
Going against the trend = facing a speeding train head-on! What will you choose?
What is a trading expert? It is the ability to find some relatively certain and graspable opportunities from the seemingly uncertain and random market fluctuations. Know when the probability of a successful transaction is the highest, when the risk-return relationship is most favorable to speculators, when speculators should retreat, wait and see, etc.
The most important thing in trading is to know what kind of market you can make big money, what kind of market you can only make small money, and what kind of market you can only lose small money. These elements seem simple, but many people don’t understand them, otherwise they wouldn’t do transactions every day. When you practice to understand your profit and loss boundaries, and experience a few more rounds, you will understand that trading is just like this. There are actually very few things you can do, and most of the time you just have to wait patiently.
If you keep losing money now and don’t know what to do, you can click me to follow, click my avatar to find me at any time, and all the contract spot gameplay is shared. Just to increase fans