In every round, the number of people losing money in a bull market far exceeds that in a bear market.
Affected by market sentiment, the vast majority of people feel restless, feeling that if they don’t go all in, it will be too late, constantly feeling they can't lag behind others; otherwise, they won't make money. This leads to chaotic operations...
1. Frequent position switching
Switching positions is one of the reasons for losing money in a bull market. You see a coin rising and switch over, only for it to drop 30% right after, and then your original coin rises 300%, and you switch back... only to see it drop 200%...
As a result, the bull market has passed, and not only do you lose your coins, but you also lose your principal. There's a saying: a coin doesn't rise because you haven't sold, and a coin doesn't drop because you haven't bought.
In a bull market, each coin's rise and fall happens at different times. Hold on to the coins you have, and wait for them to rise; thinking you can know the rise of all coins? That's simply dreaming.
2. Love to do short trades
Most people's mindset: sell at high prices, buy back at low prices.
Here comes the problem: What if it doesn’t drop back?
For a 30% profit, missing out on 3 times, 5 times, or even more profit, is it worth it?
It's hard to understand why some people think they can buy low and sell high.
What is the reality? The vast majority, thinking of buying low and selling high, end up selling, see the coin rise, and then buy back at a high price... Had I known this, why bother in the first place?
3. Randomly opening and closing contract leverage
Even if you are not optimistic about a project, I still do not recommend shorting. Why? Because the forces behind the cryptocurrency world are constantly changing.
A fundamentally terrible project could survive until now due to some supporting force, and it might even pump dozens of times.
Similarly, a project with great data could drop 99%. Just look at how many long and short wicks exchanges have had in recent days.
Absolutely do not touch!
$BTC #山寨季将持续多久? #SUSHI2025产品路线图