Today you go long, tomorrow you fight for Pinduoduo. The market has moved to today, can you still go long? I understand that many people want to catch the rebound, but it’s undeniable that when you’re catching the rebound, you also clearly know you’re operating against the trend. This kind of trading method, where 9 out of 10 times you lose everything, can it really help you survive in the crypto world? Following the trend has been said many times; never think about sneaking in. A successful attempt once doesn’t mean you’ll succeed next time. It can even create path dependence and increase your risk. I’ve said so many times to short, but many people are afraid to do it. Think about it— isn’t it the same as when the bull market was shouting for you to go long at the current price? Many say we are in a bear market now, but isn’t this the bull market for the bears? During a bull market, you always think the price is high and want to wait for a pullback to enter, but then you see the price rising day by day, and finally you miss the boat. In a bear market, you always think it’s bottomed out, but then you wake up the next day to find yesterday’s bottom is today’s top. This is the fundamental reason why most retail investors lose money—they keep waiting, thinking “what if.” Little do they realize, the market is always right. Do things in accordance with the trend, and be harmonious with the world. In the end, all of the above is just some nonsense to post a photo. I hope it’s useful to you who see it.
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Today you go long, tomorrow you fight for Pinduoduo. The market has moved to today, can you still go long? I understand that many people want to catch the rebound, but it’s undeniable that when you’re catching the rebound, you also clearly know you’re operating against the trend. This kind of trading method, where 9 out of 10 times you lose everything, can it really help you survive in the crypto world? Following the trend has been said many times; never think about sneaking in. A successful attempt once doesn’t mean you’ll succeed next time. It can even create path dependence and increase your risk. I’ve said so many times to short, but many people are afraid to do it. Think about it— isn’t it the same as when the bull market was shouting for you to go long at the current price? Many say we are in a bear market now, but isn’t this the bull market for the bears? During a bull market, you always think the price is high and want to wait for a pullback to enter, but then you see the price rising day by day, and finally you miss the boat. In a bear market, you always think it’s bottomed out, but then you wake up the next day to find yesterday’s bottom is today’s top. This is the fundamental reason why most retail investors lose money—they keep waiting, thinking “what if.” Little do they realize, the market is always right. Do things in accordance with the trend, and be harmonious with the world. In the end, all of the above is just some nonsense to post a photo. I hope it’s useful to you who see it.