SHARING EXPERIENCES FOR NEWCOMERS - PART 2

5 REASONS WHY THE PRICE IS RISING, BUT WHEN YOU BUY, THE PRICE DROPS ??

This is a common situation for many people (including myself, who has learned from experience and sometimes still gets caught, haha). You might think that the market is targeting you, but that's not the case. If you try not to place a buy order at the moment you intend to buy, the market will still go down.

In my opinion, there are the following reasons:

1. You are buying at the peak. The market always fluctuates like a sine wave; it goes up to a peak and then goes down, after going down it will go up again, and when it reaches the peak, it will go down. A peak is compared to a trough (there are high peaks and low peaks).

2. Because you haven't analyzed the current market (EMA lines, candles), you see too many green candles and decide to buy immediately. I'm not good at analyzing EMA lines or candles; I just observe based on experience, without formal learning. It's not necessary to learn either, because in reality, it will be very different from theory and will continuously change to win against players.

3. Due to the trend going down, but seeing 1-3 green candles, you might think it's going up (when you place an order, the price goes down even more, causing your fear psychology to increase, leading you to sell at a loss ==> the exchange earns money from here).

4. Because you are greedy, buying at the lowest price to maximize your profits.

5. Not "slowing down a beat." Taking time to observe before making a decision is very important. It's better to earn a little less but make the right decision.

Let's share other reasons you see for everyone to learn from.