The Truth About Bull Market Massacres: Why 99% of People Are Destined to Be Cannon Fodder?
Every time BTC surges, countless newcomers shout 'Charge! Charge! Charge!' and rush into the cryptocurrency world, but what happens?
Three Characteristics of Cannon Fodder
FOMO Buying: Only remember to enter after a 50% rise
Mindless All-In: Going all in at the highest point as a bag holder
Refusal to Cut Losses: Still fantasizing about breaking even after a 90% loss
Survival Rules for Survivors
Only Buy Panic (Enter the market when everyone else is cutting losses)
Build Positions Gradually (Never go all in at one price point)
Take Profits in Time (Run when you make money, don’t try to eat up all the gains)
For friends currently confused and losing money in trading, follow Brother Lu's steps and eat meat heartily!!!
