$BOME
I accidentally found that post in the square, and with the mentality of giving it a try, I bought 50,000 BOME at a price of 0.025. However, in just one week, because I was not determined enough, I hurriedly sold when the price dropped to 0.012. This experience of being easily cut off by the market is indeed worth pondering for me.
In a world full of variables in the currency circle, we must not only dare to take risks, but also learn to set clear stop loss points and exit strategies. It may seem tempting to buy the bottom, but blindly following the trend will only put your own funds in danger.
Once committed, the rest of the journey is full of uncertainty. Sometimes, what we encounter may be just passers-by, and their appearance may be to teach us a lesson in risk management.
Don't always think that you can make a big turnaround with a small profit. Real success often requires a long period of patient accumulation. Just like a hen hatching eggs, only by waiting patiently can you reap the fruits.
For novices, they often mistakenly believe that not setting a stop loss in volatile markets is a smart move, and sometimes they can even turn losses into profits. But the problem is that it is often difficult for them to accurately determine when the position is truly "broken." Once the market does break, they may mistakenly think it is just a normal shock. This is the difference between novices and veterans. The meager profits previously earned may be wasted due to a wrong judgment.
Recalling my heavy loss on Luna, I was young and energetic, betting heavily at a high rate, and never really analyzed and understood the market. In fact, in this market, there are many ways to make money, and the key is to master one of them. Trading is not about speed, but about stability. Being able to control risks rather than blindly pursuing huge profits is the real skill.
If you are confused about how to choose strong coins, you may wish to follow me. Whether it is spot or contract, I will provide you with valuable advice. Opportunities are fleeting, so be sure to seize them! Success does not depend on luck, choice and hard work are equally important. In the currency circle, in addition to a keen vision, you also need an excellent team and leader. Follow me and you will have taken an important step towards success in the currency circle!
