The essence of trading is the game between people and themselves.
In the cryptocurrency market, most people lose money not because of lack of technical skills, but because they are defeated by emotions. When the market goes up, they are afraid of missing out and rush to buy at high prices. When the market goes down, they are unwilling to cut their losses and keep buying more. As a result, their accounts continue to suffer losses and their mentality becomes more and more unstable.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
The essence of trading is the game between people and themselves.
In the cryptocurrency market, most people lose money not because of lack of technical skills, but because they are defeated by emotions. When the market goes up, they are afraid of missing out and rush to buy at high prices. When the market goes down, they are unwilling to cut their losses and keep buying more. As a result, their accounts continue to suffer losses and their mentality becomes more and more unstable.