Today, when Ethereum was at 2600, Shisan had already informed everyone in the Shisan circle to clear all leveraged positions and only keep spot positions, and to adjust based on actual conditions, maintaining long positions while setting stop-loss points for short positions to lock in profits and embrace greater profits. In the short term, this choice is good. The market is certainly still
It will rise to even higher points. The reason for asking everyone to clear all leveraged positions is that this round of decline has left some friends in near despair because of their leveraged positions when the market is undervalued. Many friends had broken hearts, and some even cut losses around 1400. At that time, Shisan could only try to persuade them, but some people left the crypto world with a casual remark, quite stylishly, waving goodbye without taking a cloud with them... leaving Shisan alone in the wind, feeling disorganized.
Some friends heeded the advice, and even in the most desperate times, they held on and gradually dollar-cost averaged at low points, continuously lowering their holding costs. Basically, in this wave, they will not lose on at least the Ethereum project. This is the reward that long-termism brings to us retail investors. In the crypto world, the most important thing is mindset; if the mindset is not good, it is almost impossible to make money in this circle.
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There is no absolutely correct strategy in the crypto world.
Everyone must be cautious and prudent during the investment process; anyone who asks you to invest in a gambling manner is almost certainly a fraud, treating other people's money as if it were not money.
Always pay attention to position risk control, reasonable asset allocation, separate long-term and short-term positions, always keep cash on hand, and embrace value coins...
The secret to making money for us casual players in the crypto world is to use time to fight against the market makers.
In the KOL circle, it's also a mess, with mutual ridicule and slander...
It's chaotic, and people love to kick someone when they're down.
However, Shisan has never done that, although I secretly laughed in my heart.
I am just telling everyone the correct investment philosophy in the crypto world through words, but very few people listen, which is quite sad.
Only if you stay in the crypto world long enough and lose enough money, when you look back, you will find that what Shisan said might be true.
Making money in the crypto world is not difficult, but the challenge lies in how to adjust your mindset when facing market fluctuations.
For example, during this round of Ethereum's decline, what was your mindset?
Now that it has risen, what is your mindset?
When it dropped from 2600 to 2400, what was your mindset?
When it was at 1400, did you dare to bottom out? Why didn't you dare?
When it was at 2600, did you chase the high, and why did you dare to chase it then?
......
These issues hope everyone thinks carefully; investing should be a calm matter, and you must not put yourself on the grill every day.
During this period of sharp decline, Shisan also felt bad because he had leveraged positions on Ethereum, suffering losses of several tens at the highest point. Today, at 2600, he closed all leveraged positions and made nearly ten, feeling great.
Hold the spot and don't move.
If everyone can't control their restless hearts, do something interesting, even go for a massage or play some games... it's a good way to divert attention.
Keep going, crypto people.
Welcome to follow Wenhua, let's traverse the bull and bear markets together and see through the worldly affairs of the crypto world.
