HOW TO LOSE MONEY DURING TAURUS SEASON?
Is it true that everyone makes money during the bull season, which almost all of us wait with great excitement, dream about, make plans for the future?
No way.
First of all, if you want to lose money during the bull season, the first thing you do is to enter futures transactions with high leverage. Congratulations, you have directly locked the cash register.
Main investments should start from the bear season. Because big declines gradually give way to accumulations. Preparations are made for Taurus with gradual purchases, and some money is allocated for new projects. Goals are expected and as long as the goal is not extreme, profit will be achieved in line with the plan.
Now let's get to the business of losing money...
During the bull season, there are big losses as well as big gains. To give an example, if a project increases by 70% in a single candle, it may decrease by 30% in correction. While the projects you bought in the bull market are increasing slightly, if you always look outside, you will give up everything you have in panic and enter the coins that are rising even more. Then, while the goods you sell rise, the goods you buy decline. Here's your loss. Panic trading should not be done this way. The bull has not yet relapsed into altcoins, many of which are significantly below the ATH level. If you make a good portfolio plan and set goals with astute decisions, it is not a dream for your wallets to increase 5x.
Is it true that everyone makes money during the bull season, which almost all of us wait with great excitement, dream about, make plans for the future?
No way.
First of all, if you want to lose money during the bull season, the first thing you do is to enter futures transactions with high leverage. Congratulations, you have directly locked the cash register.
Main investments should start from the bear season. Because big declines gradually give way to accumulations. Preparations are made for Taurus with gradual purchases, and some money is allocated for new projects. Goals are expected and as long as the goal is not extreme, profit will be achieved in line with the plan.
Now let's get to the business of losing money...
During the bull season, there are big losses as well as big gains. To give an example, if a project increases by 70% in a single candle, it may decrease by 30% in correction. While the projects you bought in the bull market are increasing slightly, if you always look outside, you will give up everything you have in panic and enter the coins that are rising even more. Then, while the goods you sell rise, the goods you buy decline. Here's your loss. Panic trading should not be done this way. The bull has not yet relapsed into altcoins, many of which are significantly below the ATH level. If you make a good portfolio plan and set goals with astute decisions, it is not a dream for your wallets to increase 5x.