The first core of investing is not to get rich, but to avoid risks.
The highest realm of trading cryptocurrencies is avoiding risks and being able to sense and evade danger.
It's not about how much you earn in one go, but about being able to avoid danger and earn continuously; this continuity is extremely important.
When others are not making money, you can continue to earn, and when others are losing a lot, you do not lose.
Even when others are making money, you still earn.
It doesn't matter whether you earn more or less than others during the earning process, but when there is a big drop and loss, being able to avoid it means you lose less than others.
That is not to set any stop-loss or take-profit discipline for yourself; the market is variable, and I often say discipline.
But this is not about adhering to stop-loss levels; it's about adhering to logical discipline.
For example, during a bull market surge, you must have the discipline to restrain FOMO. When prices rise quickly, you must have the discipline to sell.
When the market is volatile and consolidating, you have the discipline to hold on, and when new opportunities arise that others do not recognize, you have the courage to buy.
By accomplishing these, and still being able to avoid risks, taking the money from the bubbles into your own pocket, and being able to sell decisively, that is the key.
After you win the game and eliminate your opponent's position, you make money by taking advantage of their mistakes.
But when others have been wiped out, if you do not withdraw and choose to fight, then you are the biggest mistake in the market.
You will be targeted by the market, becoming the key to eliminating mistakes; if you understand this statement, then.
Then your level in trading cryptocurrencies is considered entry-level. But achieving this is still far off.
You must overcome your inner demons; having the courage to buy and sell is something many people cannot achieve in a lifetime.
Perceiving danger, staying away from danger, sensing major market trends, and getting close to them—how many people can do this?
Give up those small opportunities and seize those big opportunities for wealth. In one cycle, you might encounter them 3-4 times.
These past few days, I have been preparing for the launch of the divine order!!!
Comment 168 to get on board!!!
Impermanence brings impermanence brings impermanence!!!
Important things must be said three times!!!
$BTC
