In fact, many people are not suitable for the cryptocurrency circle, especially for short-term trading. Why? Many people's trading habits are that they can't hold back when the price rises a little and want to quickly pocket the money for safety, especially when the price rises a little and then falls back a little, they can't stand it, and they are afraid that they can't sell it. But when they lose money, they are full of fighting spirit. Even if it falls by 20 or 30 points, they are fearless and just want to wait for the return.
This behavior of seeking profit and avoiding harm is human nature, but the cryptocurrency circle is anti-human. In the past few days, I saw a buddy shorting the big cake. No matter how I persuaded him to close the position, he couldn't be persuaded. As a result, he lost a Tesla and went bankrupt. He regained his calm and felt at ease.
This is even more true for short-term players, especially those with high leverage. If the price rises a little, what should I do? Should I sell it? What should I do if it falls a little? Should I sell it? I am afraid of rising and falling. To be honest, this mentality is very serious. If you also have this mentality, I actually suggest that you think deeply about whether you should stay in this circle. In fact, short-term trading is extremely technical. Most people in this circle cannot do short-term trading well, because frequent short-term trading will amplify your greed, and greed itself is a weakness of human nature.
What I have always advocated is not to make subjective assumptions. The most basic cognition in the process of enlightenment is to discover the uncertainty of the market.
The core of price rise or fall is still from people. However, there is a saying that people's hearts are unpredictable, because you can't make everyone buy or sell according to your requirements.
Besides, can you hold the profits when the bull market comes? When the bear market comes, do you dare to buy at the bottom?
