Trading requires a strong backbone; what others say doesn't matter. The trend of this BEAT coin clearly illustrates the point——when it was at 2.1, someone asked if it was a good buy; at 2.0, they kept asking; at 1.9, they were still asking; and some even confidently claimed that 1.8 would be a heavy position. I had already judged that it would break below 2, even pointing to a bottom at 1.6. And what happened? During last night's live stream, new fans started asking about the market again. Somehow, they got caught up in the emotions and entered a long position at around 1.8. Luckily, I managed to break even and exit. The next morning, I saw it at 1.39 and jumped right back in—this move was well-timed.
Ultimately, listening to too many voices can lead to confusion. The market is never short of "bearish" or "bullish" opinions; the key is to have your own judgment criteria. The process of BEAT's correction from a high point to now is essentially filtering out traders with true resolve. Those who follow the crowd will mostly end up as the little guys.
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AlwaysMissingTops
· 6h ago
That's true, but the key is whether a few people really have a backbone.
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WhaleInTraining
· 6h ago
Sounds good, but isn't it just good luck that you happened to come across it?
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SeeTheLightThroughTheClouds
· 6h ago
So how much did you see? You only comment after the fact.
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BottomMisser
· 6h ago
Haha, that's why I'm the association president. See how honest I am.
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PanicSeller
· 7h ago
It sounds good, but the key is still to withstand the drawdown.
Trading requires a strong backbone; what others say doesn't matter. The trend of this BEAT coin clearly illustrates the point——when it was at 2.1, someone asked if it was a good buy; at 2.0, they kept asking; at 1.9, they were still asking; and some even confidently claimed that 1.8 would be a heavy position. I had already judged that it would break below 2, even pointing to a bottom at 1.6. And what happened? During last night's live stream, new fans started asking about the market again. Somehow, they got caught up in the emotions and entered a long position at around 1.8. Luckily, I managed to break even and exit. The next morning, I saw it at 1.39 and jumped right back in—this move was well-timed.
Ultimately, listening to too many voices can lead to confusion. The market is never short of "bearish" or "bullish" opinions; the key is to have your own judgment criteria. The process of BEAT's correction from a high point to now is essentially filtering out traders with true resolve. Those who follow the crowd will mostly end up as the little guys.