Again deceiving people to go long and get liquidated, holding spot in this market is high risk.
黄粱一梦
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Bullish
The pain and troubles during trading come from the attachment to things. Once you are extremely focused on or imagine something happening, pain and troubles will control you. For example, if you care about the profit of a certain trade and watch its fluctuating profits daily, you will feel anxious, conflicted, and confused every day, fearing that the unrealized gains will disappear, making it impossible to hold onto the position, and you'll want to escape quickly, leading to an early profit-taking; furthermore, if you care about the losses of a trade, when you see a certain position showing unrealized losses, you have to keep an eye on it, hoping it will quickly turn into unrealized gains. As a result, you will suffer, regret, and feel angry every day, and before it even reaches the stop-loss point, you will exit early, leading to missed opportunities.
Confidence does not come from positive thinking but from the ability to calmly face losses and have no attachment to trading results. Do not close winning positions too early when there is no closing signal from the trading system, and reduce holdings of losing positions. Do not be a risk-averse trader when handling profits but a risk-seeking one when facing losses.
Caring too much easily leads to loss!
On a side note: In addition to Futu Securities and Tiger Brokers focusing on opportunities in the cryptocurrency trading field, there are some cryptocurrency platforms that have already implemented the functionality of trading both cryptocurrencies and stocks with USDT. For example, BiyaPay not only allows you to use USDT to purchase Bitcoin, Ethereum, and other cryptocurrencies but also supports USDT trading in US and Hong Kong stocks. It offers not only simple spot trading of US and Hong Kong stocks but also margin trading functionality. After making profits from investing in Bitcoin, US, and Hong Kong stocks through BiyaPay, it also supports the safe conversion of USDT to USD and HKD for withdrawal to my USD bank account. $BTC $ETH
#比特币反弹 #加密市场反弹
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