#特朗普马斯克分歧 $BTC

Sometimes, don't fall into the analysis trap

Reduce frequent judgments on market trends; analyzing too much can easily lead to analysis paralysis. Typically, those who focus on short-term trading have never possessed significant wealth, this is my experience.

Because they always predict a 1-2% rise or fall, and usually such trends change quickly. Daily fluctuations often lead to frequent mistakes; focusing on a larger time frame is necessary to achieve better returns, rather than just a short time frame.

Many people cannot bear short-term fluctuations, and thus cannot enjoy significant gains. This is not related to technical abilities but stems from psychological factors. This psychological factor is related to your overall mental strength and also depends on whether you have ever held wealth beyond your own leveraged amount.

Even if you are firmly bullish, although your technical analysis is correct, with interference from news or friends, you will always change your opinion and positions, and begin to doubt your views midway.

What is this related to?

A person who has never owned a million finds it hard to earn a million. In this process, mental strength may prevent you from holding positions. The only way is to cultivate your inner world, to minimize losses and maximize gains. Many people are unwilling to bear losses, making it even harder to achieve significant returns. Often, this is just wishful thinking on their part.

At the same time, for many beginners, as long as you are growing, improving each time is the greatest progress. There is no need to demand that you make money every day.