š« Donāt Go Against the Trend ā A āPriceyā Lesson in Crypto
The market can make you feel āspecial,ā thinking that you see things that the majority donāt. But the truth is that going against the trend doesnāt make you smarter, it just thins your wallet faster.
Why you shouldnāt go against the trend?
1ļøā£ The trend is your friend, not your enemy
When the market is bull, stubbornly holding on to short positions is like rowing upstream in a storm. Youāll run out of steam before the market turns.
2ļøā£ The market is always right, your ego is not
Donāt let the āprice will definitely turnā mindset make you fall prey to sharp increases and decreases. Sometimes your logic is right, but your timing is wrongāand the market never waits for you.
3ļøā£ Catching a falling knife or catching a late trend is dangerous
Trying to ācatch the top or bottomā just to prove that you are a talented trader can cause you to lose opportunities and capital.
Advice:
⢠Going with the market trend, even though it is sometimes ālateā, is still better than trying to guess the bottom or top to stand out.
If the market trend is unclear, stay out and observe instead of trying to profit from the chaos.
Remember: Just one correct order following the trend, you can make up for many wrong orders. Donāt fight the flow, know how to surf at the right time!
#GoWithTheTrend #CryptoWisdom #RiskManagement $BTC