$ZEC A few days ago, an old brother whom I hadn't contacted for a long time suddenly sent a message late at night: "Brother, I'm done, I was shocked when I opened the K-line."
$XNY When I saw the screenshot, I was speechless—he actually followed the crowd to buy at the bottom when everyone was emotionally excited.
$BOB As a result, that day the market directly dropped by 8%, pinning him at a high position, unable to escape.
Even more absurd, the next day he asked me: "Isn't there going to be a rebound?
Should I add to my position to average down?"
I sighed.
The familiar feeling, it's that rhythm of a beginner just entering the market: "panicking when it drops, chasing when it rises."
But what made me ponder is a question from a fan last week:
"Brother, my coin dropped by 20%, is this a washout or a sell-off?"
I've heard this question too many times over the years.
Each time, there's a common point behind it—
Everyone is hoping for an answer that "won't lose money."
But the reality is more brutal than the answer.
The so-called "washout" and "sell-off,"
For those lacking trading logic, there is actually only one outcome:
Being repeatedly pressed down by the market.
Do you think a 20% drop is the big players washing out?
The big players look at trend structure, not your fantasies.
Do you think a rebound will definitely come?
The market has never had the obligation to comfort you.
The most common pitfall for beginners is:
Only looking at K-lines, not the environment;
Only looking at declines, not the strength;
Only looking at what others are shouting, not at their own operations.
Asking if a 20% drop is a washout?
Actually not asking about technique,
But the voice in your heart that fears stop-loss and doesn't dare to admit heavy positions.
I've seen too many similar operations:
Clearly chasing at a high point,
Still hoping for a "washout" explanation for the low point;
Clearly wrong direction,
Yet using "wait a bit longer" to numb themselves.
The wrong direction means the longer you wait, the more you lose.
Buying at the bottom without logic is just handing chips to others.
Ask yourself, do you want to be a lifetime leek? Or do you want to be the winner who laughs last?
The carp jumps over the dragon gate👉
@顶级交易员轩哥 It's better to act than to hesitate
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