At the end of last year, I casually played around with 20,000 yuan, thinking that if I lost it all, it would just be tuition fees.
Unexpectedly, in just a few months, the numbers in my account skyrocketed—20,000 turned into 2 million, a hundredfold profit, so easy it makes one question life!
This is not luck, but a sudden 'realization' leading to a dimensionality reduction strike.
A new round of bull market in cryptocurrency is about to start, but 90% of people will still lose money. Why?
Because they do not understand these few 'hacks of the game.'
Stop-loss and take-profit, ironclad discipline!
The cruel truth of a bull market: 90% of the profits will ultimately be devoured by greed. You must execute discipline like a machine: if it drops to point X, immediately cut losses; if it rises to target Y, decisively sell. Even if it goes up 10 times afterwards, it has nothing to do with you. Remember: the market will always give you a second chance, but your capital will not.
Cognition = wealth, otherwise money earned through luck will eventually be lost through skill!
There is a saying in the crypto world: 'You will never earn money beyond your cognition, unless by luck. But money earned through luck will ultimately be lost through skill.'
Do you think trading cryptocurrencies is about lying down to earn money? The truth is:
Watch the market for 16 hours a day, even afraid of getting stabbed in your sleep.
A 30% drop in a bull market is normal; explosive mentality is daily.
You might persist for 3 years and still gain nothing.
Unless you are willing to treat trading as a startup, otherwise don’t easily quit your job!
When your account breaks seven figures, you will find: money is just a number, emptiness is the norm. Many people indulge in extravagance, gambling, or even depression after making money. True freedom is finding a goal more important than money.
Why is it that in the same market conditions, some make 100 times while others go bankrupt? The difference lies in reviewing:
Recording the decision logic of each trade;
Analyzing the impact of emotions on operations;
Optimizing strategies to avoid repeated mistakes.
If you also want to seize this bull market but don’t want to be a 'leek' again, pay attention to Xiaoyao, maybe I will reveal that 'moment of realization' that changed my destiny…