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#BTB投研 team and I are all human, and since we are human, we will make mistakes. As the ancient saying goes: 'Humans are not saints; who can be without faults?' It is a good thing to correct mistakes after making them. This is trading; it is normal to have misjudgments and errors, and we need to continuously review and summarize why mistakes were made, how to correct them, and how to improve.
I am a normal person who also needs to eat, sleep, and will experience losses and profits in trading. When I bought and the price dropped, I cut my losses and exited, but the next day it bounced back; if I hadn't cut, I would have made a profit. I concluded that this type of cryptocurrency has uncontrollable fundamentals and volatility, so I won't trade it again.
I was able to bottom out at 91599, but I missed it around 89500; my students managed to catch it. In the club, I operate together with students, and I also make mistakes, such as reducing my position too early, while the coins I bought take off due to a misjudgment. However, selling too soon is not scary because the risk management strategy I taught students is essentially a trading logic that controls risk, allowing profits in a bull market and sustained earnings in a bear market, preventing you from being trapped during a crash, and being unafraid of profits regardless of the market conditions.
In the process of communication, I have noticed discrepancies in understanding. For instance, my perception of short, medium, and long-term trading differs from that of my fellow traders, as discussed in the live broadcast. When I say to build a position, some may go all in, some may take a half position, and some may choose not to enter at all. For students, when we mention building a position, they all know how much to invest because each student has received individual training. Based on their capacity and personality, they have established corresponding trading systems, so each person's position size varies but aligns with their own understanding.
I remember when I worked in a U.S. company, the first training focused on common language, which led us to mix English into our conversations in Chinese, as expressing ourselves in Chinese could lead to ambiguities. The same applies in the cryptocurrency space; many terms are in English, and translating them into Chinese alters their meaning. Many traders lack this foundational knowledge, making understanding quite challenging, and this can only be improved through continuous self-learning.
To achieve sustained and stable profits in the cryptocurrency space, one needs to connect upward, interact more with people who possess greater energy than oneself, learn more, and communicate more. Energy is not just about money; it includes character, understanding, self-control, learning ability, perseverance, and virtue. As the ancient saying goes: 'Heaven acts, and the gentleman strives for self-improvement; the earth is vast, and the gentleman carries the weight of virtue.' If virtue does not match one’s position, it will inevitably invite loss!