When everyone sees hope, it's time to empty out. Controlling positions and setting stop-losses is crucial. The market maker won't care about your U and will push you hard...
Last night's bloodbath awakened how many people, the feeling of endless decline has returned... Good luck to everyone, following the trend won't be wrong, recently it is advised to go short more and long less. Perhaps in the next two weeks, it will blind everyone's titanium alloy eyes. Then suddenly, out of nowhere, it will explode... Contract traders, stay alert and quietly await.
Why can't it be empty? The timing of the selection is wrong. If I had entered half an hour later, I would have been in profit, and the task for today would have been nearly completed.
For the time being, there is no clear direction, and everyone is suffering. In fact, it's really possible to short with a small position in the current market. Holding on for a bit will definitely yield profits. I will take the lead in exploring.
After this wave, I don't know where we will end up. All those analyses are in vain; it depends on one's own perspective. I think it will continue to go down, so let's wait and see.
Recently, although the market is quite good for contract holders, I haven't made any profit. The reason is simple: candlestick charts and momentum can no longer serve as indicators for price fluctuations. The market makers are going against the trend, and their goal is to liquidate your positions. For example, recently many people anticipated that Bitcoin would go to 2300, but the result was... Recently, I feel it is heading towards 2700, and I will look to short between 2650 and 2670, letting time be the witness.
The market is constantly changing, and people's hearts are also constantly changing. Because of minor fluctuations, the hearts of most cryptocurrency friends are stirred. Every day, we can see various experts expressing their viewpoints, some optimistic, some pessimistic, all able to analyze in great detail, with all sorts of points and curves... I just want to know, if the market makers are so basic that you can analyze them all, then why even have market makers? They might as well just distribute their money to everyone. Anyone can analyze yesterday's market, but tomorrow's is uncertain. If an article presents two possibilities, then that's certain; if it doesn't make money, it's the market maker's fault, not mine. My analysis is sound.
Please stay calm regarding the current market conditions, don't get overly emotional. Both long and short positions can make money, depending on your skills. Some friends have held a short position of 70,000 and have been holding on until now. For small players like us, it's still solid to stick with spot trading; at least we won't lose everything, and there will always be opportunities to come back. If you want to play with contracts, just use a low leverage and small position for some excitement. Trend analysis and technical indicators are just worthless to traders; if you incur losses, those with technical skills can only curse the market makers, and there's nothing else you can do. You won't earn a single cent from the market makers.
I don't want to hear that nonsense, all day long with the long and short talk, always claiming not to be talking after the fact, how many actually do it? Trading cryptocurrencies is just that simple, if you want to pull people in, just be clear about the membership fee. But you have to pretend... There’s logic in the nonsense, and the right answers come out eventually. Low-leverage contracts always have times when they make money, while high-leverage ones either make a big profit or get liquidated, and they still claim accuracy... With such a large client base, there are always some making money and some losing, it just depends on your personal risk tolerance. Continuously averaging down on a long position will eventually yield profits, it’s just a matter of how much, and the same logic applies to short positions. If you have money, you can keep averaging down, and when you catch a wave, you’ll be thrilled. Looking at it now, the overall trend is still bearish.
If the price falls, you don't know the bottom, and if the price rises, you don't know the top. How can you win with this kind of cognition? Buy at low multiples for long-term investment, and buy at high multiples for short-term investment. If you don't even understand the conventional operations, what can you expect?
Looking at it in real time, there will be a wave of growth now, and I don’t know how high it will go. I see that my account has increased by 6.6%, so I judge that it will be more in a while.
I don't know how to analyze trend charts. I only know to look at my account balance. If it's more, it's rising, and if it's less, it's falling. Then I choose the lowest point in 24 hours and then buy 10% lower, and sell 10% higher than the highest point, with stop-profit and stop-loss, and then go to sleep and watch the sky. When I wake up, I check if there is any income. If there is no income, I will come again, and if there is, I will pocket it. I don't want to get rich quickly, but just want to win a small victory in stability. I never know which coin is a hundred-fold coin, and I won't tell others if I know it. Isn't it delicious to eat meat alone?