Ansem: Retail Investors Shouldn't Rush to "Catch a Falling Knife," Advises Patience to Wait for Bottom to Be Confirmed
BlockBeats News, June 6th, Crypto KOL Ansem (@blknoiz06) suggested in a post that retail traders should avoid "catching falling knives" during a market crash.
Compared to large cash buyers taking advantage of a forced sell-off to accumulate, retail investors catching falling knives are like standing in front of a steamroller, with very high risk. Retail investors should patiently wait for the establishment of the bottom after panic selling and the appearance of higher lows.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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