Don't blindly follow the trend anymore! Unveiling the fatal weaknesses of 'holding spot assets'

Recently, I've encountered many spot traders who are suffering huge losses. When I asked, I found out that they were all misled by a saying - 'you must hold spot assets until the end.'

This is simply nonsense!

Since I started in this industry in 2019, I've seen many retail investors being deceived. Especially at the end of 2021, there were so-called 'expert traders' everywhere, who didn't understand the bull and bear cycles at all, and kept shouting: 'Holding until the end will make you rich!' What happened? When the market crashed, these experts disappeared, leaving a bunch of retail investors trapped. Now, when I hear someone promoting 'holding will make you money without thinking,' I am really furious!

Why can't spot assets be held until the end?

The market has cycles, that's true. But the problem is, how many retail investors can accurately buy at the bottom? Most people chase highs and sell lows, and they don't understand what it means to buy low and sell high. Saying things like 'sell at the peak of a bull market' is just daydreaming.

Take the recent market trend as an example. When it reached a high point, I kindly reminded everyone of the risks, but some even scolded me for 'making a fuss.' And now? They are the ones trapped. Don't always think 'holding can save you'; retail investors' money doesn't come from the wind, you have to learn to avoid major drops to make money quickly, rather than being trapped for several months or even years.

Those who promote 'holding is invincible', just shut up! If you don't understand the bull and bear cycles, stop giving blind directions; retail investors can't endure such torment.

Continuously adding positions on losing coins, do you think you can save yourself? It's actually just giving money to your opponents, and in the end, they will leave you with nothing! If you can't bear to cut losses, a small loss will turn into a big one, and you will end up losing everything!

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