Why don't I let everyone chase the short position and buy the bottom? The reason is simple. Not everyone can afford the consequences of failure. After today's black swan event, I received WeChat messages from many friends. The amount of losses was huge. Some lost 270,000 U, some lost 130,000 U, some lost 90,000 U, and some lost 20,000 or 30,000 U. However, no one complained. After all, the currency circle has always been like this. High volatility is accompanied by high returns. Profits and losses are the same. If you enjoy high returns, you must face up to the risks.
Smile when you can't make a profit, and curse when you lose money. Or you don't have money, but you want to get rich in the currency circle. Such a mentality will inevitably lead to distorted behavior. In the currency circle, even if you don't use leverage, your fear and greed will be infinitely magnified.
Buying the bottom is very risky. 49xxx seems stable. If it falls to 45,000 after entering the market, can you accept it? If not, don't buy the bottom. How to buy the bottom? Keep an eye on the transaction, wait until the next low point after stop loss, stop loss all the way and copy until you copy to a solid bottom. Ask yourself, can you do it? Can you keep up with position management? If you can't do it, why do you copy the bottom? Do you not stop loss with a high multiple and full position, take a look when you think of it, and ignore it when you don't think of it?
Chasing shorts, in the case of oversold, if there are no external factors and black swan events, it will inevitably rebound. Chasing shorts at this time, if there is no news and black swans, you will be stuck. Do you have to wait for the next black swan to rescue?
Don't let longs during the rebound, go and see if Kent sodium returns to the lower track of kc1 at the 4-hour level? If it doesn't return, it may not be a V-shaped reversal, maybe just a rebound. What if the market suddenly changes in the second half of the night?
Why are your transactions always so reckless? Close your eyes and high-multiple all-in, just waiting to make money? Money is not easy to make, even children understand this truth. The stock market is like a harvester, and the cryptocurrency world is a super combine harvester with a V12 engine and twin turbochargers.
