Renowned trader Killa: Frequent short-term trading can easily lead to missing out on major market trends, patience in holding positions is crucial

BlockBeats news, on October 23rd, well-known trader Killa posted that the market's repeated fluctuations and the continuous loss and profit of holdings often lead investors to liquidate profitable positions in advance. Previously, the price of Bitcoin had repeatedly received support around $62600 and only started a new round of upward trend after undergoing at least 10 tests. Similar market trends can easily erode the patience of traders, causing them to gradually lose confidence in their original band judgments. After multiple price surges and obstacles to high points, many traders will abandon their holding strategies and instead frequently engage in interval short-term trading, constantly opening and closing positions. Although this operation may bring certain benefits, when the price eventually breaks through the volatile range, traders often have already left early, missing out on the market with real profit potential. Repeated price fluctuations can easily lead investors to overly focus on short-term trends and react to each subtle change, while ignoring the overall trend. Compared to frequent short-term trading and earning small profits, grasping high-level market trends often has higher profit potential. Investors should avoid being disturbed by short-term fluctuations, maintain attention to the overall market trend, and reduce unnecessary trading. [Original link]