Top trader Eugene: TradFi funds flowing in but not buying altcoins, excessive fear of missing out will result in profit rollback

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BlockBeats news, on October 31st, top trader Eugene reviewed his October trading performance on his social media platform, stating that "last month's PA truly demonstrated the PvP level of the current Cryptocurrency environment. A previous poll showed that the distribution of winners and losers within a month was almost evenly split, indicating that despite the influx of TradFi funds into purchasing BTC, no one is buying our AltCoin. In this larger context, the concept of non-forced errors dominates performance. Yes, there are places where you can make money (such as GOAT and early AI meme coins), but you are just as likely to give back all your profits to the market due to panic-driven chase of rising prices. If you are reflecting on your performance this month, consider how many non-forced errors you have made. I suspect that those who made fewer errors performed well, but those who lacked discipline and did not adhere to a good layout ultimately gave back their profits to the market.

BTC-2.67%
GOAT-6.41%
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