Many people are often confused: Why does a seemingly favorable information trigger a sharp drop?
Remember this: every meeting will fall!
In the future bull market dominated by unilateral rising trends, this situation will occur 1-2 times a month.
The characteristics are obvious: 30 days a month, about 20 days are rising, there are a few days of small retracement or sideways, and then only 1-2 days are plummeting, and the decline is as high as about 60% of the monthly increase (daily level correction).
And the time of this plunge is when the monthly Fed meeting minutes or Fed wedge paper are released.
Don't blindly guess that the information is positive and there will be a big rise. In the bull market, the information is basically positive, but this is not the case.
If you can reduce or clear your position in advance before the possible big drop every month, then your compound interest rate will be far higher than that of ordinary traders!
In today's market, many people are about to collapse due to this shock consolidation!
The market in the past two days is really boring. It is difficult to fall and it is equally difficult to rise.
The market liquidity is extremely low. If there is no new capital entering the market, the market may continue to fluctuate in this range.
At this time, everyone must be prepared for a protracted war.
You should have a long-term investment perspective and don't care about the gains and losses of a place or a city in the short term.
There have been many desperate events in the history of the currency circle, and these desperate events are often accompanied by Bitcoin being cut in half in a short period of time.
At that time, everyone was more desperate, and there were more people around us who were promoting negative emotions such as Bitcoin going to zero and the currency circle going to zero.
These emotions may be due to fear or ulterior motives.
But what happened later? At that time, the account also fell directly by 70%, so what? Resist it, and still make 6 times the profit in the last bull market.
So, now everyone is not considering whether to cut meat? Whether to listen to the fear of leeks or the negative emotions with ulterior motives, but to seriously think about how many times the profit can be made in this bull market according to the investment method.