Guys, someone in the comments asked me: When prices fall for two days, people say I was wrong; when they rise for two days, they say I was right. So how should we really read this market?
Arthur’s answer is simple: If you only look at that day’s price movement, you’ll always be chasing the market and won’t see very far ahead.
Bearish today, bullish tomorrow—you keep getting slapped back and forth. Isn’t that exhausting?
What you should really look at is the direction over the next ten days or half a month. Zoom out, and if the direction hasn’t changed, the pullbacks along the way are perfectly normal.
Panic-selling when prices drop and rushing to buy when they rise isn’t trading—it’s letting your emotions lead you around.
If you’re afraid of missing out, enter in batches. Don’t go all in at once. I never encourage anyone to use high leverage or put too much into a position.
If you’ve used up all your ammo, just wait. Don’t make rash moves.
You can check my earlier posts for yourself.
Binance rebate code: COINREBATE (Enter it when you register to get 20% back on spot and futures trading fees; you generally can’t add it after you’ve registered.)
#币安 #手续费 $BNB
Arthur’s answer is simple: If you only look at that day’s price movement, you’ll always be chasing the market and won’t see very far ahead.
Bearish today, bullish tomorrow—you keep getting slapped back and forth. Isn’t that exhausting?
What you should really look at is the direction over the next ten days or half a month. Zoom out, and if the direction hasn’t changed, the pullbacks along the way are perfectly normal.
Panic-selling when prices drop and rushing to buy when they rise isn’t trading—it’s letting your emotions lead you around.
If you’re afraid of missing out, enter in batches. Don’t go all in at once. I never encourage anyone to use high leverage or put too much into a position.
If you’ve used up all your ammo, just wait. Don’t make rash moves.
You can check my earlier posts for yourself.
Binance rebate code: COINREBATE (Enter it when you register to get 20% back on spot and futures trading fees; you generally can’t add it after you’ve registered.)
#币安 #手续费 $BNB