Many people often think that they can easily make a lot of money when the currency circle enters the bull market, but in fact, the bull market is often a high-risk time for losses.
Because the bull market will greatly increase your cost of adding positions. High costs mean that your buying time may not be the best. And it is very difficult to successfully choose the right time to sell. Once you sell improperly, you need to make up for the loss through better buying. If you don’t even grasp the timing of buying, you may eventually lose money and eventually exit the market.
Recall that in March, many newcomers flooded into the market. At that time, we should have known that these newcomers would most likely lose money.
Whether you are a novice or a veteran, you must be mentally prepared to be destroyed by the market when adding positions after the bull market starts. If you lack this psychological preparation, you will be panicked once your position suffers a small loss, then your investment mentality may not be suitable for the secondary market, and you may be more suitable for choosing low-risk fixed deposits.
If the stock market needs the awareness of "halving", then the currency market needs at least "20% cut" or even "zero cut".
In this market, only those who are ready to risk their lives and dare to take risks can have the last laugh and live a fulfilling life.
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