It must be admitted that the vast majority of small and medium investors, even institutions (including us brothers), do not really have their own circle of competence, cannot understand or penetrate what the real core competitiveness of any cryptocurrency is, and how long it can maintain that, thus unable to give a relatively accurate valuation for their holdings. Faced with price fluctuations, their mood naturally fluctuates, making it impossible to talk about investment; it’s just betting on the outcome. Although they may not make much money, they are relying on luck to participate in this game, and not losing money is already good luck.

Trend investing appears to be chasing highs and cutting losses on the surface, but there is an essential difference! When a trend is just beginning, buy in; when the trend is ongoing, hold; when the trend turns down, liquidate. Whether it's a stop loss or take profit, it's just different outcomes from the same action.