What is the root cause of contract liquidation?
As an old leek who has been in the currency circle for 10 years, I have exchanged real money for three profound understandings: chasing up and down, frequent currency exchange, and excessive trading, these three stubborn diseases are the main culprits that eat up investors' profits. If you can get rid of these bad habits once and for all, it will not be difficult to achieve solid profitability in the market.
One of the most painful lessons in memory occurred when I first entered the crypto circle. At that time, I was attracted by a strong altcoin (FIL) and impulsively bought at the high price of the coin. Who knew that the entry was the peak, and the coin then started a continuous negative decline mode. Due to my lack of experience, I panicked and cut my meat in the midst of the continuous decline, which eventually led to a significant loss. This unforgettable experience made me forever remember the iron law of "impulse is the devil" in the currency circle.
What do the brothers feel is the source of the loss? Like and leave a message, and discuss in the comment area!
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