ThieuNguyen77
2 Following
75 Followers
105 Liked
34 Shared
Posts
Why do we know it will go up but still sell, know it will go down but still buy. Because when we see it at a price that is too high or too low than the previous expectation, we place an order with the expectation that it will recover in the short term. That is a type of unstable psychology, due to greed. Day traders rarely look at the "candles" of 1 day, 1 week or 1 month, there are previous "waves" that create and maintain the position, that is when the "sharks" do not "release the bait", if we are small traders, not knowledgeable enough to follow the sharks, then we should not go against it. Stand still until the "wave" maintains the position it wants, then we place an order according to simple understanding, absolutely do not use your emotions to play with your own assets. (I write these lines with the sincerity of a person who has been trading for more than ten years on many different exchanges. On binance, I see many people taking pictures of their orders and "asking for help" for others to judge. Most of them I see are day trading with very high leverage, and placing orders based on emotions. I write them here so that you can have a little more experience.) For me, $ETH is still a good choice to hold.
Small traders should be cautious in the coming time. The US dollar index has been decreasing since the beginning of the quarter, but is still at a fairly high level above 100.4xx. There is a paradox that other currencies and commodities are still increasing in price, compared to the same period as the US dollar index at the same time. Although the US dollar index is still maintained at a fairly high level, coins are still increasing in price. The growth of the Brics economic group, geopolitical instability, has made non-US dollar asset groups that investors are looking at in the coming time are Gold, Silver... and coins with large capitalization. There may be a price increase in the near future to set a new record. Small traders who often buy and sell short during the day should be cautious.
Login to explore more contents