Many people are obsessed with waiting for the perfect low point when trading cryptocurrencies, only to miss the market opportunity right before their eyes. Some have made profits from capitalizing on significant drops in the past and insist on waiting for prices to fall to the lowest point before taking action, like missing the most certain phase when OKB was in the range of seventy to eighty or just above a hundred because they wanted to wait for an even lower point.
If you firmly believe that the target can reach higher price levels in the future, this small price difference is actually negligible.
This is similar to Buffett's investment shift: early on, picking up cheap 'cigar butts' offered limited returns, but later he realized that buying quality assets at a reasonable price yields much greater returns.
As more institutions enter the market, the clearly cheap opportunities are becoming fewer, and retail investors need to learn to choose targets that may not be low in price but are of excellent quality.
For newcomers, three basic points are important:
1. Clarify whether you are doing short-term or long-term trading.
2. Write down your buying logic and exit conditions, and do not change them on a whim.
3. Set your positions and take profit/stop-loss levels properly, and do not let emotions dictate your decisions.
When encountering opportunities with high certainty and clear logic, one should moderately increase their positions. What truly makes one miss the cycle is not a lack of funds, but excessive hesitation and being overly conservative. Making money does not rely on buying at the lowest point but on decisively taking action when the certainty is the highest.
Today there is a significant market movement; the windfall passes in an instant. What you lack is never vision, but the courage to enter decisively! Follow Xing Ge, and let him guide you to keep pace with every market rhythm.
$OKB
