In crypto, a lot of people lose huge money—not because they bought the wrong coin, but because they treat their selling out (taking profit) as a “washout/pullback.”

A few days ago, a follower asked me: there’s a coin that fell from 3U to 1.8U—can he buy more to average down?
I looked at the chart and told him directly: don’t think about catching the bottom first. You should check whether the main players are still there. $LAB

Many people have this problem: as soon as the price drops, they think it’s an opportunity.
Drop 20% and they call it a washout; drop 40% and they call it a “golden pit.” Even after it’s cut in half, they still think the main players are intentionally trying to scare people. In the end, the more they average down, the more they get trapped—until they just lie flat, not even wanting to open the app.

Actually, the difference between a washout and selling out isn’t that mysterious. $US
A real washout: during the drop, volume should shrink, key support won’t be easily broken, and the chips are still held tightly by the main players.
Selling out is different. At higher levels, the trading volume keeps increasing, but the price just can’t move up. Once the distribution is nearly done, a single bearish candle will smash through the support level.

What’s most disgusting is that they’ll even give you a bounce in the middle—making you think, “Hey, it’s back.” Many people see this and start adding positions, then right after the bounce ends, it continues falling.

When I watch the market now, there’s only one rule: $ZEC
When it drops on lower volume and support is still there—then wait and see.
When it drops on higher volume and support is gone—don’t lie to yourself about “snagging a bargain.”

Remember this line: a washout is done to pull the price higher; selling out is done to sell it to you.
A lot of people don’t lose to the market—they lose to the three words: “what if…” #预测世界杯西班牙VS比利时
#GateUS合规扩展佛罗里达
#美股AI概念股普涨