Recently, due to catching up with old friends in Singapore and having a slight hangover, I was offline for a while. After returning, I couldn't help but want to talk about the recent market trends.
Recently, the price of Ethereum (ETH) has experienced significant fluctuations. It shorted from the range of $4215-4260 to around $4090, earning over 100 points in profit. Some traders believe that such returns are not substantial enough, but we need to view this issue objectively.
Imagine if you shorted around the $4200 mark but didn't close near $4090, and now ETH has risen above $4300. How would you feel? In this case, the original profit has turned into a loss.
This raises an interesting psychological trading issue: why do some people feel that a profit of over 100 points is too little, yet are unwilling to take profits at the right time? This contradictory mindset often leads traders to miss good opportunities and even turn profits into losses.
In the cryptocurrency market, it is crucial to maintain rationality and discipline. We should learn to take profits at the right time, rather than being overly greedy or expecting greater volatility. Remember, the market is always full of uncertainty, and moderate profit-taking is often wiser than pursuing perfection.
Overall, trading cryptocurrencies requires us to constantly learn and adjust our mindset. Whether it's a profit or a loss, it should serve as an experience for our growth, helping us make wiser decisions in future trades.
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Degentleman
· 10-02 01:50
Suckers will never outplay the market.
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Lonely_Validator
· 10-02 01:50
Margin Replenishment搞起
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GasGuzzler
· 10-02 01:50
Don't talk about mindset anymore. Without orders, who can stay calm?
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GateUser-9ad11037
· 10-02 01:44
Always hesitating to Close Position
View OriginalReply0
NftDataDetective
· 10-02 01:39
classic greed pattern... seen this movie before lmao
Recently, due to catching up with old friends in Singapore and having a slight hangover, I was offline for a while. After returning, I couldn't help but want to talk about the recent market trends.
Recently, the price of Ethereum (ETH) has experienced significant fluctuations. It shorted from the range of $4215-4260 to around $4090, earning over 100 points in profit. Some traders believe that such returns are not substantial enough, but we need to view this issue objectively.
Imagine if you shorted around the $4200 mark but didn't close near $4090, and now ETH has risen above $4300. How would you feel? In this case, the original profit has turned into a loss.
This raises an interesting psychological trading issue: why do some people feel that a profit of over 100 points is too little, yet are unwilling to take profits at the right time? This contradictory mindset often leads traders to miss good opportunities and even turn profits into losses.
In the cryptocurrency market, it is crucial to maintain rationality and discipline. We should learn to take profits at the right time, rather than being overly greedy or expecting greater volatility. Remember, the market is always full of uncertainty, and moderate profit-taking is often wiser than pursuing perfection.
Overall, trading cryptocurrencies requires us to constantly learn and adjust our mindset. Whether it's a profit or a loss, it should serve as an experience for our growth, helping us make wiser decisions in future trades.