Holding onto positions fears a drop, not having positions fears a rise, what are retail investors really afraid of?
Not having positions fears a rise; when it rises, missing out feels worse than losing money; holding positions fears a drop, and if it drops further, a margin call directly leads to exit. What do you call this? Neither rising nor falling, it’s a dead end on both sides!
Now the market is at the cusp of a bull and bear divide, like walking on a tightrope. Last week, I watched a friend who had only 5% of their position left; suddenly, Bitcoin surged, rising 8% in one day, and they were in tears in the bathroom. Another guy, heavily invested in altcoins, got liquidated again last night, and now can’t even afford cigarettes.
Remember two things: 1. Don’t force it if you have no bullets; wait for a pullback to build positions in batches; 2. If you have positions, make sure to set stop-losses, don’t fantasize about catching the bottom!
Now the market is institutions eating meat, and retail investors taking hits. Look at those shouting about the altcoin season; they don’t even have money to stock up, yet they trick retail investors into buying their bags.
Those still frequently switching positions will eventually be harvested by the market! Small funds fear not slow earnings but quick losses. I chased hotspots every day last year, and as a result, paid 10% in fees and lost 25% of my principal.
Finally, I offer you three words of wisdom: Steady, Accurate, Ruthless! Keep your mindset steady and don’t make rash moves, pinpoint the main line and don’t deviate, and be ruthless with stop-losses instead of stubbornly holding on! Remember: in the crypto world, 'panic selling' is the biggest positive news.
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