According to AICoin, in the cryptocurrency market, many people make absurd trades, suffer losses, and unexpectedly make profits. Their mistakes are particularly outrageous, yet they present a false sense of prosperity. This is similar to the two mindsets of a person who is overweight: either improve their physique or improve their mindset. When you feel that your trades are not going well, it's like sitting at a hotpot where the smoke always drifts towards your face no matter where you sit. Good trading means knowing what to wait for, not suffering in panic. When investing, you must not act recklessly. You need to understand how you make profits and how you incur losses, find the reasons behind them, learn from the methods, and draw lessons from them. Otherwise, you will be ruthlessly eliminated by the market in the end.
In fact, for many friends trading in the cryptocurrency market, experiencing losses during actual operations can feel very depressing. However, experiencing losses is not terrifying. It can be said that the most successful investors in the cryptocurrency market today have experienced losses. After experiencing losses in cryptocurrency trading, it is essential to adjust your trading mindset promptly. How you react to losses directly affects your future profits. Therefore, AICoin hopes that every friend trading in the cryptocurrency market can face losses with more confidence when choosing to trade in the cryptocurrency market.
Many friends trading in the cryptocurrency market, when they incur losses, the first thought that comes to mind is to enter the market again and make back the lost money. At this point, your mind is no longer clear. Often, if you blindly place orders, the inevitable result will be further losses, leading to an endless cycle of increasing losses. Therefore, in the process of cryptocurrency trading, if you incur losses, you must adjust promptly and observe for a period of time before entering the market again.
Among the majority of people who lose money in the market, the number of times they make profits must be greater than the number of times they incur losses. However, because profits are often small and losses are often large, one instance of loss can offset many profitable trades. This is the main reason why most people trading in the cryptocurrency market incur losses. The main reason for incurring significant losses is failing to admit mistakes in a timely manner after being trapped, stubbornly holding on, even continuously adding to the position, and ultimately blindly locking in the position. The result is losses that cannot be salvaged. Therefore, when trading, it's not the fear of making mistakes but the fear of delaying that is the root cause of your losses. Admitting mistakes in a timely manner can free you from passivity. This is an important aspect of trading psychology that every successful friend must possess.
The market's fluctuations never cease, and in actual operations, there is always an opportunity to recover losses. If you persist in trying to make up for losses, it may lead to even greater losses. If your mindset is already chaotic and you have lost the ability to calmly observe the market, it's best to step back and reevaluate the market's changes. This is the best way to gain the ability to judge market trends at this time.
The core of trading is profit, and everything else is auxiliary. Strength is not something that can be developed overnight. Learning from others' experiences can be beneficial for investors. Leveraging others' strengths, everyone's goal in trading is to make money. AICoin's daily strategies are open, and I believe everyone has their own judgment. Whether to continue incurring losses or to profit with AICoin depends on you. Focus on the present, focus on your financial situation!
— I am Zhou Yueying, a teacher specializing in technical analysis. If you have any questions or issues with trading or trends, feel free to communicate and learn with me! Let's exchange ideas and profit together!
The market changes constantly every day. All I can do is use my years of practical experience to provide some modest assistance, guiding everyone's investment decisions and management in the right direction. Meeting is fate, and I am someone who believes in fate. If you have any doubts or questions in the cryptocurrency market, you can pay more attention to Zhou Yueying, and I believe it will be helpful to you.
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