Selling in the crypto world is the most difficult, not because of the method itself, but because of your unwillingness to let go of profits and your greed for making a little more. However, those who have not experienced the entire cycle of bull runs and bear markets do not know.


For example, in a bull market, your assets can reach tens of millions, but after a good night's sleep, they may drop to 7 million. Would you sell or not? Newcomers definitely wouldn't sell, as they would feel like they've lost 3 million.
An old man who has lost money will definitely sell, because he feels that he has made 7 million, and the other 3 million is simply taken back by the God of Wealth, so let's just offer it to him.
Many people join some groups, and every time the group becomes very lively, they start to dump. This dump indicator must be accurate. When most people make money and get excited, it's time for you to withdraw.
But don't rely on this indicator to catch the bottom, the emotions of fear and loss are difficult to quantify, fall 10%, fall 20%, or fall 50%. It seems to be almost the same.
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.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)