🎉 Gate.io Growth Points Lucky Draw Round 🔟 is Officially Live!
Draw Now 👉 https://www.gate.io/activities/creditprize?now_period=10
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1️⃣ Enter 'Post', and tap the points icon next to your avatar to enter 'Community Center'.
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⏰ Ends on May 4, 16:00 PM (UTC)
Details: https://www.gate.io/announcements/article/44619
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Why Did the Coin You Just Bought Turn Red? It's Not the Market's Fault, It's Yours.
One of the most common questions that newbies entering the market often ask is: "Why is it red just after buying the coin, even though it was in green before?" The simple answer: the fault is yours, not the coin. Why is that? When you decide to buy a coin, the outcome of profit or loss is largely determined at that moment, if you disregard the factor of luck and only consider the technical aspects. Many new investors are chasing after the top coins that have surged, especially in the last 24 hours. They see the coin rising, think it will continue to increase, and rush in. But what is the reality? If a peak has formed earlier—even just a few hours—you may have bought at the top. Consequences? The coin reversed, shifting from in green to red. And you start to incur losses right after entering the order. Sometimes there are words - but that is due to luck. There may be times when you enter at the right moment and the coin continues to rise. But if you do not have clear technical analysis, no specific entry and exit plan, then making a profit is just due to luck, not skill. And luck will not last. So how to avoid losses? Don't buy when the coin is rising too sharply and you don't understand the reason behind that surge. If you don't know technical analysis, apply a simple principle:
→ Stay away from coins that are in the top gainers or top losers in the last 24 hours. Instead, choose coins that are accumulating, moving sideways, or showing signs of bottoming out—and study them thoroughly through technical or fundamental analysis. Absolutely do not invest based on emotions or chase after the "wave" without understanding the essence. Conclusion There is no easy money in this market. Easy profits often evaporate in just a few minutes.
To survive in the long run, you must practice, analyze, be patient, and control risks. Trading is not easy. But trading with discipline will yield sustainable results.