Looking back at my past investment journey, I realize that my obsession with daily profits and monthly rise rates was indeed too naive. This mentality of forcing myself to trade every day is often a precursor to losses. In reality, successful trading relies more on patiently waiting rather than purely on Technical Analysis.
True investment wisdom lies in: 10% technical knowledge and 90% patience in waiting. Rushing to enter the market while neglecting market timing often leads to unnecessary losses. It is important to learn from mistakes and continuously improve your investment strategy.
Just like the recent large fluctuations in the market, when the prices of Bitcoin and Ethereum dropped significantly, calmly buying a small portion might be a wise move. The subsequent rebound proved this point. This simple yet effective strategy is based on patient observation of the market and accurate judgment.
We must understand that investment opportunities do not exist at all times. Just as it takes a month of work to receive a salary, investing also requires patience to wait for the right moment. Excessively frequent trading may actually bring more risks.
Overall, successful investing requires us to remain calm, rational, and have sufficient patience. Only in this way can we seize real opportunities in the ever-changing market and achieve long-term stable returns.
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Looking back at my past investment journey, I realize that my obsession with daily profits and monthly rise rates was indeed too naive. This mentality of forcing myself to trade every day is often a precursor to losses. In reality, successful trading relies more on patiently waiting rather than purely on Technical Analysis.
True investment wisdom lies in: 10% technical knowledge and 90% patience in waiting. Rushing to enter the market while neglecting market timing often leads to unnecessary losses. It is important to learn from mistakes and continuously improve your investment strategy.
Just like the recent large fluctuations in the market, when the prices of Bitcoin and Ethereum dropped significantly, calmly buying a small portion might be a wise move. The subsequent rebound proved this point. This simple yet effective strategy is based on patient observation of the market and accurate judgment.
We must understand that investment opportunities do not exist at all times. Just as it takes a month of work to receive a salary, investing also requires patience to wait for the right moment. Excessively frequent trading may actually bring more risks.
Overall, successful investing requires us to remain calm, rational, and have sufficient patience. Only in this way can we seize real opportunities in the ever-changing market and achieve long-term stable returns.