Why many people can't make money in the bull market is actually because they are afraid of being trapped.
I always want to buy at the lowest point, sell at the highest point, and want to eat the whole cycle, but it is obviously unrealistic.
Since September last year, many currencies have unknowingly experienced a 10-fold increase. Many, especially old people who have come from the bear market, think that they have increased many times now because they have seen lower chips. No. I dare to enter, but I am afraid of being trapped. I want to wait for a correction before buying.
So you wait and wait, the currency price is getting higher and higher, you are waiting for him, but he will not wait for you.
After finally waiting for a correction, you find that even if it pulls back part of the way, the price is still about the same as when you first waited, so you are looking forward to it, if it can drop a little bit, I will buy it.
As a result, the price goes back up all of a sudden, and the last opportunity left for you to get on the bus is taken away by you, so you are even more reluctant to buy.
In this way, you watch the currency price getting higher and higher in the bull market, but you don’t play out the chips in your hand. At the end of the round, you just watch Bitcoin go on a roller coaster, while you wait and see under the car.
I often say that in a bull market, if you have the idea of buying the bottom in your mind, that is the beginning of your losses.
You just long for this to fall even more. If it goes up, you'll be confused about why I didn't buy at a low point.
Then you think that you will definitely buy it next time it falls, but in the end, you actually reverse the car to pick up someone else.
But you will still be entangled, what if it falls more. And then missed it again
Then the market really stopped waiting for anyone, and the wash was over. But you feel there must be a better opportunity.
But you still didn’t buy.
So there is no need to worry about buying it. In fact, you are asking how to make the most money by buying. No matter what range I buy, I can get good returns.
Your mind is always thinking about making the most money with the least money. Buy at the lowest and sell at the highest. In the end, I won’t even be able to eat a piece of it.