The cryptocurrency market plummeted today, and many people were liquidated. How many people jumped off the building? In fact, many people have the ability to analyze, but they are helpless and lack confidence in themselves. They listen to others' crazy bottom-fishing and all-in bottom-fishing, and the result is a sea of fire today.
In fact, as a person who has experienced this, I have also experienced these things. This time I did not buy the bottom, and I have been shorting recently. Of course, during this process of shorting, some orders were stopped out, but some orders were also very profitable. Trading is like this. No one knows what kind of chess piece the market will play next.
Before the sharp drop, I saw some bloggers encouraging her members to all-in, and all of them were trapped.
This is how the industry works. Many people around you, including bloggers, will be obsessed with fomo. The only thing we can do is to block these external signals and focus on the K-line and price trends. The market conditions and trends have long been reflected in the K-line pictures. It depends on whether you can see them. There is no need to ask others whether they have reached the bottom or can buy at the bottom. Believe in your own opinions, and constantly improve your trading system to block external signals!
A friend of mine did the same thing. He watched a certain blogger's video and immediately bought most of his funds at 3,300 when the price of Ethereum was 3,300. This morning, it once fell to more than 2,115. Although the spot is fine, who can bear to be trapped? I also do analysis and order operations in the square, so if any friends have read my analysis, I hope you will just use it as a reference, because it is all a matter of probability, and I think my skills are just average.
In addition, with today's extreme market conditions, most people should have their positions liquidated. In this regard, I would like to say a word to those who have: "As long as there is breath in your body, there is always hope." Don't be defeated.
For those who make money, I hope you can keep it up!
