⚠️ Four major traps of liquidation, have you fallen into them? 💣
In the investment market, there are "minefields" of liquidation everywhere, and you will fall into traps if you are not careful👇. If you want to survive in the cryptocurrency circle for a long time, you must know these four killers of liquidation! #币圈发生手册 #爆仓防指南
1️⃣ High leverage = double the income? In fact, it doubles the loss! 🪓💥
High leverage is like a "double-edged sword"🔪. Although it can get high returns in a short period of time, once the direction is wrong, it will also magnify the loss several times and force you to liquidate quickly! The initial sweetness is easy to make people "addicted", greed and fear follow, and the result is... the account is emptied💸. Only by investing steadily and staying away from high leverage can you go further in the market!
2️⃣ Carrying orders? Don't joke, this is digging your own grave⛏️
If the direction is wrong, you must admit your mistake! If you are wrong, stop the loss in time, don't have a fluke mentality💔. If you hold orders, cover positions, and adjust stop losses... you are paying for "losing more"! If you continue to hold, the losses will only grow bigger⛷️. Only by learning to respect the market and strictly implementing stop-loss strategies can you avoid being stuck in the quagmire.
3️⃣ High leverage + frequent trading = continuous losses 💣🚀
The most common operation for liquidation is "high leverage + frequent orders". After losing an order, you are eager to make up for the loss, and then open a bigger order and place more positions, which results in faster losses! 💀 The result of frequent stop losses and chasing orders is emotional loss and loss of reason until liquidation💥. You must know that the market is never short of opportunities, but the losses caused by emotional loss are irreversible. Stay calm, plan each transaction reasonably, and reduce the frequency of transactions.
4️⃣ Fantasy and obsession = psychological black hole of liquidation 🧠💢
"I think the price will rebound!" "It will be reversed soon!"
Do you often have this kind of "fantasy"🤯? Once the direction is wrong, you may hold on, increase your position, or even open a new order immediately after the stop loss, and fall into a cycle of operation. Obsession and fantasy are the biggest enemies of investors! Stay objective and calm, analyze the market rationally, avoid being controlled by emotions, and you will not be carried away by the market!
