In a bull run, each wave is higher than the last, so in a bull run, you must not Cut Loss. As long as it's not a shitcoin, holding on will definitely make money. In a bull run, you only need to care about the quantity of the coin. The unrealized gains and losses on the books are just superficial numbers and have no meaning at all. Once you Cut Loss, it means that you've turned the potential for earning multiple times in the future into actual losses. However, losses are not scary. What's truly scary is that once you Cut Loss, it will plant the seed of chasing the price and selling with bearish market in your heart. When there's a pullback, you'll feel fearful, and when there's a rise, you'll want to buy back. Eventually, in your frequent operations, it will take root, grow, and you will end up completely becoming a sucker who chases the price and sells with bearish market, and in a big bull run, you will only lose money.
Also need to remind two points: 1. In a bull market, if the intraday decline exceeds 20% and you still have bullets, you must bravely margin replenishment and do whatever you need to do with each bullet. 2. Do not believe in any Reboundreduce position remarks, because Reboundreduce position is Bear Market thinking, Bull Market thinking has only one rule, that is big dumpincrease the position, hold firmly. You may ask what if the bull market ends? I can tell you for sure, it won't end. Because the incremental funds have just gotten on board, and many newcomers are still in a wait-and-see state, the Bull Market will not end easily. There is only one reason for the end of the Bull Market, which is the depletion of funds. Is the funds depleted now? No. Not only have new incremental funds gotten on board, but also existing funds have not been used up. Why? Because in each round of adjustment, a large number of people have reduced their positions. What are they doing by reducing their positions? They are trying to buy back at lower levels. However, most people cannot buy back at low levels, so they will still buy back at high levels. Therefore, a large number of people who sold at high prices have become the fuel for the Bull Market pump. In the Bull Market, don't easily sell your coins, because the most talked-about stories in the Bull Market are those who got out of positions early and sold their coins for a high price. The norm in the Bull Market is to miss out, miss out, and still miss out. When you think about selling coins for hedging, it is better to invest idle funds securely. Idle fund investment does not need any hedging because it is already a form of hedging itself. Remember, invest spare money, stay away from leverage, and hold firmly, This is the killer move of the Bull Market.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
In a bull run, each wave is higher than the last, so in a bull run, you must not Cut Loss. As long as it's not a shitcoin, holding on will definitely make money. In a bull run, you only need to care about the quantity of the coin. The unrealized gains and losses on the books are just superficial numbers and have no meaning at all. Once you Cut Loss, it means that you've turned the potential for earning multiple times in the future into actual losses. However, losses are not scary. What's truly scary is that once you Cut Loss, it will plant the seed of chasing the price and selling with bearish market in your heart. When there's a pullback, you'll feel fearful, and when there's a rise, you'll want to buy back. Eventually, in your frequent operations, it will take root, grow, and you will end up completely becoming a sucker who chases the price and sells with bearish market, and in a big bull run, you will only lose money.
Also need to remind two points:
1. In a bull market, if the intraday decline exceeds 20% and you still have bullets, you must bravely margin replenishment and do whatever you need to do with each bullet.
2. Do not believe in any Reboundreduce position remarks, because Reboundreduce position is Bear Market thinking, Bull Market thinking has only one rule, that is big dumpincrease the position, hold firmly.
You may ask what if the bull market ends? I can tell you for sure, it won't end.
Because the incremental funds have just gotten on board, and many newcomers are still in a wait-and-see state, the Bull Market will not end easily. There is only one reason for the end of the Bull Market, which is the depletion of funds. Is the funds depleted now? No. Not only have new incremental funds gotten on board, but also existing funds have not been used up. Why? Because in each round of adjustment, a large number of people have reduced their positions. What are they doing by reducing their positions? They are trying to buy back at lower levels. However, most people cannot buy back at low levels, so they will still buy back at high levels. Therefore, a large number of people who sold at high prices have become the fuel for the Bull Market pump. In the Bull Market, don't easily sell your coins, because the most talked-about stories in the Bull Market are those who got out of positions early and sold their coins for a high price. The norm in the Bull Market is to miss out, miss out, and still miss out. When you think about selling coins for hedging, it is better to invest idle funds securely. Idle fund investment does not need any hedging because it is already a form of hedging itself.
Remember, invest spare money, stay away from leverage, and hold firmly,
This is the killer move of the Bull Market.