People often ask me about the short-term trend forecast of the fake spot I hold. What should I do if the price drops after I buy it [Back to school season]
My standard answer is that I don’t need to look at the long-term, and I’m too lazy to look at the short-term. Diversify your positions instead of holding them alone, so that you won’t feel too bad if the price drops. If you don’t go all in, you may have bullets to cover your position if the price drops. Now I feel bad and look for comfort everywhere. What were you thinking when you chased high and went all in? Why didn’t you think it would fall when you bought it? Going all in is because of greed, hanging alone is because of laziness, chasing high is because of impatience, and the more human weaknesses you have, the faster you lose. The financial market is originally a cognitive competition, and money goes from the pockets of fools to the pockets of smart people.
The stupidest thing is to make money because you are awesome, but when you lose money, you blame the big V, the platform, the group friends, the project party, the market maker, and the Federal Reserve. It is the basic quality to be willing to accept the loss when playing in the casino. You chase high and go all in at high prices. After buying, if the price drops, you say that this KOL is really stupid. If the price rises, you say that he is really awesome. If there is profit at high prices, you continue to be greedy and don’t sell. Next time, if the price drops, you say that he is not awesome and he is really stupid. If the price rises, you say that he is not stupid and he is actually awesome. Is this fun? Are you here to make money?
It is not easy to guess the rising target. You also have to determine the optimal entry and exit points, time and price, and avoid every retracement. The more you ask, the lower the accuracy rate will be. I know you just want to find a 125x order-leading teacher to follow orders. If you go all in, the price will keep rising without callback. Then the high-point order-leading teacher calls you to get off the bus. After you get off the bus, you go short again, right?
It is useless to just predict the market. If prediction is useful, you would have made a fortune long ago. When most targets reached new highs, I believe most of you would have left the bus [school season]
If making money is so easy, you should not have lost money when Bitcoin rose from 1u to 7wu, right? 🥹
