Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
The reasoning behind escaping the peak and buying the dip at the bottom is the same. When buying the dip during the bottom stage, one hopes that the pump will lead to a continuous rise. When escaping the peak and having a short position, one thinks that the market will fall to a certain level before entering again. This reflects the dynamic human nature of the market. A common saying is that when trapped, people would rather miss out than be trapped. When closing all positions at the peak, if the market shows even a slight decrease, they would say they would rather be trapped than miss out. This is the nature of humanity and people's hearts.
The market will not always decline after you take a Short Position and try to escape at the peak, nor will it start to rise just because you buy the dip to enter. During this process, everyone tends to believe they are the chosen ones, or they feel proud just because the price rises a little after buying the dip. However, in reality, a slight rebound is merely a signal to entice you, including the current situation of closing all positions, which follows the same reasoning. Although the market has fallen now, as long as there is a slight rebound, everyone wonders if they will miss out.
In the crypto world, remember one thing: don't buy high, don't sell low, buy more as it falls, and buy more as it rises. If you grasp this rhythm, you won't lose money. Be sure to remember K's mantra: sell big during a big rise, and buy more during a big drop. Buy when no one cares, and sell when the crowd is bustling.
Every experience is a way to accumulate your own knowledge, and I hope everyone has good returns in this market.