"Life-saving Guide" in the Cryptocurrency Circle: Trading Strategies During Bull Market Fluctuations
When the bull market enters a period of volatility, don't pay too much attention to the articles of analysts, but focus on the tweets of several traders you think are decisive and willing to take risks.
Analysts often give analyses with "although, but" views, which easily lead to a tendency to selectively accept information.
This tendency leads to unconscious neglect of unfavorable information, which may lead to a blow-up or loss.
Because they cannot recognize that they have fallen into a subjective trap, people will think that everything is under control, and price fluctuations are temporary and will eventually return to normal.
In this case, most people may blow up their positions or lose money.
Therefore, in the volatile market, pay attention to decisive traders, learn their views and operations, and strictly require yourself to follow their advice.
If you make money, everyone is happy; if you lose money, don't complain. When the real big market comes, you will be very grateful to them!
Of course, those "eternal earning bloggers" and "A8A9 traders" need to be carefully excluded. I like to follow traders who often post stop losses and occasionally post profits. They usually don’t have a group for leading orders or a paid membership group. Twitter is just a simple social circle for them to share their experiences.
Therefore, I think that traders who often have small stop losses and occasionally have big profits are the ones we need to pay the most attention to, especially those who can admit mistakes in time and keep a stable mentality.