Mindset Determines Success or Failure: Losing Money Is Not Due to Poor Skills, But Because of the Desire to Make Quick Money
Most people lose money in the crypto market not because they can't read charts, but because they are too eager for quick gains.
Seeing others double their investments makes them unstable, and they can't help but chase high prices, only to get trapped and then want to buy the dip, sinking deeper and deeper.
In reality, most of the time, the right approach is to stay out and observe, rather than make frequent trades.
Even when a bull market comes, don't get too excited; making a little profit often leads to wanting to leverage, which usually results in giving profits back.
Trading cryptocurrencies is about the mindset, not the hands. If you can't control your emotions, you can't control your risks.