The first wave in the morning
Big 🫓箜 58807.9→58359.4 448.5 iodine
Second 🫓箜 2566.39→2598.04 28.35 iodine
How to avoid losses in a bull market?
The bull market is clearly here! Why are you still losing money?
Here is a piece of advice for everyone:
Especially for newcomers, please read the following carefully
1. Patience. Most people who invest often have no patience. They are optimistic about a currency and think that this currency is good, so they buy it directly, resulting in not buying at the best point! Profits become less and losses increase (coping method: patiently wait for the market to pull back before buying)
2. The mentality of missing out, if you see a currency that has risen sharply, just buy it directly! Resulting in being stuck in a high-price chase. I believe many people have fallen into this trap (coping method: do not chase high prices. If it keeps rising, you will not make money. Buy it again when the market falls back)
3. Blindly invest, do not do project investment research, identify a coin, and go all in (coping method: just pay attention to my article on high-quality coin recommendations)
4. There are many high-quality coins, but only the coins that can make you money are good coins. Is Ethereum good? Yes, but buying it this year not only does not make money, but even loses money
Summary: Trading is actually a game between people. If you don't lose money, you win 50% of people. Be cautious when the market rises and everyone is crazy. When the market plummets and everyone is afraid, you must dare to buy at the bottom! Spot trading is a game with human nature. You must have your own investment ideas and don’t just follow others.
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