Market Fluctuations: Both Bulls and Bears Suffer
Many people wonder why they face liquidation, often summarizing the reason as poor judgment. However, it really isn't about being right or wrong; you can't be right all the time, and most of the time, you're wrong.
The main reason for liquidation is not setting stop-loss orders. After experiencing a few stop-losses, you might feel like they were in vain, and the next time you skip the stop-loss. You may also find that holding on to your position can often pay off, which further convinces you that holding is the right decision.
But there will always be a time when you can't hold on any longer. For instance, in the recent market conditions, if you haven't set your stop-loss in advance, even if you want to cut your losses, you can't get in. You might manage to hold for 9 times, but it only takes one time to go to zero.
Both $XRP and $LTC have seen good gains recently, but if you didn't enter at low levels, how high it goes is irrelevant to you. Fans who entered early have already made a fortune, and next, I will be preparing for the explosive growth of ETH ecosystem altcoins to catch a wave that directly takes off. For those interested 👉@财经风哥
Stay tuned: $ETHFI $sui $mkr
