#PEOPLE
《Accurately grasp the market, detailed interpretation of People trend》
In the afternoon post, Tucker analyzed that the price would go to around 0.6, and also reminded that Dezi transferred 1,000 bitcoins during the day. In the market where long and short positions were just killed, who can be immune? I hope Tucker's post will be helpful to the brothers who see it.
To analyze the People market, you must understand that the price of People fluctuates greatly and is affected by many factors. Even if you think you can grasp the People market, it is hard to expect that sudden events such as Dezi's selling of Bitcoin will cause market panic.
Dezi's move may cause market panic to spread. As an important representative, Bitcoin's price fluctuations affect market confidence. Investor confidence is frustrated, and the prices of other virtual currencies such as People may fall sharply.
Investing in virtual currencies cannot only focus on high returns, but also be fully aware of the potential huge losses. Don't be confused by the temporary market and blindly follow the trend. Stay calm and rational, and do a good job of risk assessment and fund management.
The volatile market really reduces operations, the currency price falls, and the decline is recovered. The price is still the same, but your position is gone, or the assets have shrunk. Wait until the volatile market ends, then there will be an opportunity.
