Do you know why you can't hold onto your positions??

Here are a few important reasons! See for yourself if you agree!!

The first point is that when you enter a position, even if you find the low point, there will be many uncertainties at that low point, such as spikes breaking new lows, or it may just consolidate until you run out of patience!

The second point is that there will definitely be a washing out action at the bottom, always going back and forth, and the fluctuations may be quite large. If you have profits, you want to run; if you're losing, you also want to run. Going back and forth, you get washed out, and by the time it goes up, your legs are all swollen😄

The third point is poor position management. Sometimes if you open a slightly larger position, you can easily get washed out. If you open a small position, no matter how much it fluctuates, you won't panic. For short-term trades, you can afford a slightly larger position, but you should set a tighter stop-loss. For long-term trend trades, you can have a larger stop-loss, but your position must be smaller.

To summarize in one sentence: Maintain a good mindset; haste makes waste, and slow is fast.

The cryptocurrency market is filled with uncertainties and challenges, but it also contains potential opportunities. Investors participating in cryptocurrency investments should fully understand the associated risks, remain calm and rational, and respond to market changes with a sound strategy!