Bear markets should not go long, bull markets should not go short.
Learn this lesson, and it will reduce the probability of liquidation and loss of your position significantly.
Of course there are uptrends in bear markets, and of course there are sharp declines in bull markets.
But overall, bear markets see more declines, and bull markets see more gains. However, the magnitudes are different. In bear markets, the magnitude of declines is far greater than the magnitude of rises. In bull markets, the magnitude of rises is far greater than the magnitude of declines.
The magnitude of price fluctuations is a major factor that causes people to get liquidated.
Most people don't know how to stop losses; they just take a directional position and hold it stubbornly. When holding stubbornly, taking the direction with smaller magnitude is safer.
Not shorting in bull markets and not going long in bear markets will reduce the probability of liquidation significantly. 😄😄😄#加密市场上涨
Bear markets should not go long, bull markets should not go short.
Learn this lesson, and it will reduce the probability of liquidation and loss of your position significantly.
Of course there are uptrends in bear markets, and of course there are sharp declines in bull markets.
But overall, bear markets see more declines, and bull markets see more gains.
However, the magnitudes are different.
In bear markets, the magnitude of declines is far greater than the magnitude of rises. In bull markets, the magnitude of rises is far greater than the magnitude of declines.
The magnitude of price fluctuations is a major factor that causes people to get liquidated.
Most people don't know how to stop losses; they just take a directional position and hold it stubbornly. When holding stubbornly, taking the direction with smaller magnitude is safer.
Not shorting in bull markets and not going long in bear markets will reduce the probability of liquidation significantly. 😄😄😄#加密市场上涨