The highs and lows of the market can only be confirmed once they are established; this is the iron law of the market. No one truly knows in advance. Many people like to predict and guess the top and bottom ahead of time, but the results often backfire. The smartest approach is to wait until the price actually moves, then judge and act based on the actual trend. Don't fight the market blindly, and don't make reckless predictions. Let the market speak for itself.
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FreeMinter
· 12-27 16:49
That's so true. Guessing the top and bottom is just an IQ tax; I've been fooled by it before.
Following the trend is much more reliable than predictions.
Wait, isn't this just chasing highs and selling lows? Is this kind of operation really okay?
Honestly, the market never plays by the rules; you still have to listen to the candlestick charts.
Prediction masters should reflect on this, really.
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LiquidatedAgain
· 12-27 16:49
Once again, I got liquidated, and seeing this reminds me of the disastrous scene of going all-in to buy the dip last time... It's true, but who would listen?
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MerkleTreeHugger
· 12-27 16:48
Well said, I'm the one who often gets slapped in the face haha
The highs and lows of the market can only be confirmed once they are established; this is the iron law of the market. No one truly knows in advance. Many people like to predict and guess the top and bottom ahead of time, but the results often backfire. The smartest approach is to wait until the price actually moves, then judge and act based on the actual trend. Don't fight the market blindly, and don't make reckless predictions. Let the market speak for itself.