$NOT's volatility: expected and profound lessons

The recent sharp fluctuations in $NOT are what we expected. When the price started from 0.005, many investors chose to enter the market at this point, including an investor we call "brother".

Last night, this brother communicated with me and shared his investment experience. He mentioned that he was moving steadily in the spot market, but the volatility of $NOT made his investment complicated. The purchased assets always seemed to perform mediocre in his hands, and rose rapidly once they were sold, while those currencies that had not yet been purchased or missed the opportunity to buy also soared in a short period of time.

Faced with this situation, he chose to increase leverage in his eagerness to pursue profits. However, every time his entry point seemed to be accurately selected at a high level, the market began to pull back. Every time he chose to cut his losses and leave, the market seemed to rebound. This continuous frustration made him unwilling to give up, and he kept repeating the cycle of chasing up and being stuck.

Behind this, it was actually an imbalance in mentality. He could not accept short-term losses, and always expected to make a profit immediately when buying. In the face of losses, he chose more aggressive operations, frequent trading, and even increased leverage. After each loss, he was eager to get his money back faster, and this eager mentality eventually led to his big losses.

In fact, small losses often come from normal market fluctuations and personal operational errors, while big losses may be caused by extreme market conditions or extreme changes in personal mentality. However, we must understand that extreme market conditions are not common, and most big losses are caused by investors gradually losing their minds and unbalanced mentality in continuous small losses.

For this brother's experience, I would like to say that investment is a marathon, not a 100-meter sprint. We need to stay calm and rational and not be swayed by short-term fluctuations. At the same time, I also hope that more investors can pay attention to market dynamics, learn investment knowledge, and avoid repeating the same mistakes.

If you are interested in relevant knowledge about the currency circle, or want to get first-hand cutting-edge information, please follow me. I will publish market analysis every day and recommend high-quality potential currencies. But remember that investment is risky and you need to be cautious when entering the market.

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