$BEAT is trapped at a high position? Retail investors should not blindly follow the market with a little volume given by the main force, especially since that is not really volume at all!!💥💥
From the market perspective, beat is in a fluctuating rebound, but in fact, the main force is using retail investors' mindless pursuit to crazily offload their shares. Yesterday, Minjie explained this very clearly【Newbie retail investors can refer to the quoted post to study up】
A rise like beat is a typical trap for enticing buyers, specially prepared for those who don’t look at logic and only at the red board for a 'big profit'. Minjie emphasizes here again, even if BEAT shows a slight rebound, do not blindly chase the rise. That is just the main force painting a picture for us retail investors, and the main goal is to get us to take over the positions. Once you rush in, you will be the lamb waiting to be slaughtered!
This morning, a fan asked me what to do with his deeply trapped BEAT long position. Looking at his high losses, I only had one thing to say: look for a rebound opportunity to exit. If you don’t decisively leave now, your losses will only expand.
Retail investors not understanding market trends and holding onto positions leading to losses is actually quite normal, indicating that the trading system still has loopholes. Remember, if you want to survive in the crypto circle, you must strictly manage your stop losses in the future; cutting small losses is essential to preserve your principal!!
I am Minjie, feel free to follow me at @区块捕手敏姐 , and of course, feel free to reach out to me for assistance in getting out of your positions too!!😁😁
