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Asia小亚|Feb 24, 2025 11:44
Reasons for coin copying losses:
For example, you will understand
Your assets are 1 million yuan, and you bought a coin for 700000 yuan. The next day, the coin fell by 1%, and you lost 7000 yuan. It doesn't matter, it will eventually rise back.
On the third day, it fell another 3%, and you lost nearly 20000 yuan. You are fearless because it will eventually rise back.
On the fourth day, it rose by 2%, and you returned more than 10000 yuan. You smiled, and everything was under control.
On the fifth day, it suddenly dropped by 20%, and you lost 140000 yuan. You were a little nervous and began to imagine that it would rebound tomorrow.
On the sixth day, it rebounded by 5%, and you breathed a sigh of relief, feeling that there were still traces of cryptocurrency trading.
On the seventh day, it rose by 1%, and you began to look forward to it.
On the eighth day, it rose by another 1%. Although you feel that the increase is slow, at least there is hope for a return on investment, and you are satisfied.
On the ninth day, it suddenly plummeted by 30%, and you began to panic, wondering if you had chosen the wrong currency.
On the tenth day, it dropped by another 10%, and you started to get angry.
On the eleventh day, the coin price stopped fluctuating significantly and began to sideways. You saw someone online saying that this was a bottoming signal, indicating that the market was accumulating momentum and you firmly believed that it was about to rebound.
But
In the following week, the coin price continued to fluctuate, and you learned some knowledge about cryptocurrencies online. Based on your own understanding, you believe that this is the legendary "main fundraising stage"!
You continue to hold coins
After a month, the coin price not only did not rise, but continued to fall by 20%. You began to feel numb, thinking that if you could recoup your investment, you would withdraw your money and never touch cryptocurrency again
But things didn't go as planned, your currency was still falling, and at this point you finally learned a new concept - stop loss!
You are in great pain and struggling inside, unsure whether to clear your position or continue holding it
At this moment, a good friend of yours told you that a new coin has skyrocketed by 200% recently, and shared his "dragon head strategy" with you!
You believe it! You actually believed it!
So you sold your coins and told yourself,
After you finish earning on the new currency, come back to replenish your position and hold it for a long time. Let's talk about it when you've recouped your capital!
So do you know where the root of the losses in cryptocurrency trading lies?
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