Bull market trading: Please stay focused at all times and don’t follow the trend.
In this market, in addition to Bitcoin, Ethereum and other high-quality coins, there are also various kinds of copycats. Whenever the market is good, these copycats will increase by 50% to 60% every day, while Bitcoin may increase by about 30% to 40% during the same period. So many people are fantasizing whether they can also get this increase if they trade XX coins. If leverage is added, can I double it? In fact, when you have such thoughts, you are doomed to lose money.
Throughout history, although Bitcoin has not increased much, its daily volatility is just suitable for contract trading. Even if you make a mistake in the short term, it will give you a chance to make mistakes and let you think about whether to stop loss. And those copycat coins, a one-hour K-line can easily increase by more than 10%. If you make a mistake, does it mean that the results of your hard work for half a month will be in vain?
