Three Major Loss Misconceptions in a Bull Market: Avoiding Them Means Profit!
The bull market has arrived, and the market is in a frenzy, but there are always more people losing money. Why? Because most people fall into the following three major misconceptions, resulting in increasing losses with every operation!
1. Frequent Portfolio Changes
Chasing after whichever coin is rising, only to see it drop sharply after buying; the coins you sold might surge instead, and when you buy them back, you end up in trouble...
Secret: Don't chase hot trends randomly; hold onto the coins you are confident in and wait for them to rise. A bull market is not about seizing every opportunity but about maintaining your own stability.
2. Short-term Speculation
Thinking about buying low and selling high, only to sell and see the coin price skyrocket, then buying back at a higher price, resulting in greater losses.
Secret: A bull market is a stage for long-term holders; don’t miss out on several times the increase for a short-term 30% profit!
3. Contract Leverage
Leverage makes you feel like you can double your investment, but in reality, it also doubles your risk. In a bull market, junk projects can skyrocket, and quality projects can also plummet; one careless move and you could be completely wiped out.
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