In the cryptocurrency investment, many people will face a common problem:
When the price goes up, they feel that they bought too little, and when the price goes down, they feel that they bought too much.
In fact, this is all due to improper position management. The best position management method is to decide based on comfort.
When you buy, you feel relaxed and comfortable whether it goes up or down, that is the appropriate position.
On the contrary, if you feel anxious, it must be the result of too many positions or blind buying. Position management is very important for investment, and it determines your mentality when facing market fluctuations.
Therefore, whether buying or selling, you must think carefully and don't be swayed by emotions. When formulating an investment strategy, you must consider your risk tolerance and ensure the stability and rationality of the investment through position management.
In short, position management is not only the basic skill of investment, but also a key factor in whether an investor can make long-term stable profits. To be calm and rational in the ups and downs of the market, you can truly make a stable investment.
Therefore, don't be swayed by market emotions, and always adhere to reasonable position management, so that you can go further and earn more in cryptocurrency investment.
