Don't know what contracts to touch in this bear market? Holding spot won't lose money, ETH first position 2620, second position 2177, considering adding more if it breaks below 1700 for the third position, so I didn't add to the third position! In the end, my average price is 2309, I've been waiting for so long, with only one purpose: hoping for a continued crash to finish off the remaining positions, but there's been no opportunity! Now it's rising, isn't it? The positions I entered before are starting to make money again.
This is the benefit of gradually building positions and accumulating in batches. We are all retail investors, not gods, and no one knows where the bottom is! It's impossible to buy at the lowest price and sell at the highest price. We can only gradually build positions and accumulate in batches at every low price to better lower our average price, allowing us to hold more lower-priced chips in hand, so that in the end, our average price won't be too far from the bottom price.
Some brothers may ask, why not go all in around 1800? From the perspective of spot prices, the price of ETH at 1800 is not high, going all in isn't out of the question, but you need to consider whether the risks involved are something your mentality can bear. If you go all in at 1800, it’s indeed thrilling when it rises, but I estimate that when it goes above 2000, you will run faster than anyone else 😂. To put it bluntly, if you want to make big money, you won't be able to.
But if it continues to drop, can you guarantee with your understanding and mindset that you won't panic? What if it drops to 1300, or 800? Even if you have a good mentality and can hold on, won't you be stuck at the peak? If you want to add to your position, you have no bullets left. Many retail investors, even when they don't want to cut losses, are thinking of quickly running to break even 😂. So it's worth noting here that going all in at a good price isn't impossible, and it's advisable for those with small funds to do so, because being stuck isn't a big deal. However, for large funds, it's unnecessary to take that risk, as it's easy to get stuck at the peak. This market has endless money to be made, and there are always opportunities...
You see, I didn't add to my third position, and I don't regret it because my bullets are still there, and I haven't lost money! Since I wasn't allowed to add positions, it proves that the entire market is rising. My first and second positions have already started to make profits today.
Trading requires learning and progress. Follow and like, and we can learn and communicate about spot trading together, let’s steadily enjoy the soup and eat the meat 🤝
This is the benefit of gradually building positions and accumulating in batches. We are all retail investors, not gods, and no one knows where the bottom is! It's impossible to buy at the lowest price and sell at the highest price. We can only gradually build positions and accumulate in batches at every low price to better lower our average price, allowing us to hold more lower-priced chips in hand, so that in the end, our average price won't be too far from the bottom price.
Some brothers may ask, why not go all in around 1800? From the perspective of spot prices, the price of ETH at 1800 is not high, going all in isn't out of the question, but you need to consider whether the risks involved are something your mentality can bear. If you go all in at 1800, it’s indeed thrilling when it rises, but I estimate that when it goes above 2000, you will run faster than anyone else 😂. To put it bluntly, if you want to make big money, you won't be able to.
But if it continues to drop, can you guarantee with your understanding and mindset that you won't panic? What if it drops to 1300, or 800? Even if you have a good mentality and can hold on, won't you be stuck at the peak? If you want to add to your position, you have no bullets left. Many retail investors, even when they don't want to cut losses, are thinking of quickly running to break even 😂. So it's worth noting here that going all in at a good price isn't impossible, and it's advisable for those with small funds to do so, because being stuck isn't a big deal. However, for large funds, it's unnecessary to take that risk, as it's easy to get stuck at the peak. This market has endless money to be made, and there are always opportunities...
You see, I didn't add to my third position, and I don't regret it because my bullets are still there, and I haven't lost money! Since I wasn't allowed to add positions, it proves that the entire market is rising. My first and second positions have already started to make profits today.
Trading requires learning and progress. Follow and like, and we can learn and communicate about spot trading together, let’s steadily enjoy the soup and eat the meat 🤝
