Have you ever felt that the market is rising crazily, then suddenly stops and starts to retreat slowly? This mystery is what causes the most confusion and depression for traders, especially those with little experience. In these times, it seems as if the market follows no logic, and this is the true test of discipline.
For long-term investors:
Don't follow the impulse: Don't buy just because you see a large green candle. Wait for confirmation, and sit on the sidelines if the market isn't clear to you.
Remember why you entered the market: If you are a long-term investor, daily fluctuations should not affect your vision. Focus on your larger goals.
And for quick traders:
Use a strict stop-loss: In a volatile market, a stop-loss must be crucial to protect your capital from fast and unexpected movements.
Don't be greedy for profit: Speculation relies on small, repeated profits. Clearly define your goal and take your profit quickly; the price can turn against you in an instant.
Avoid high leverage: Leverage amplifies both profits and losses. In a volatile environment, high leverage can liquidate your portfolio in the blink of an eye.
In the end, the best weapon against this ambiguity is discipline. Whether you are a long-term investor or a quick trader, a clear trading plan is what protects you from making emotional decisions. Remember, trading is not a sprint, but a marathon. Staying calm is the key to success. $BTC $ETH $SOL
