A Must-Read for Newcomers in the Crypto World! Don't Fear Losses, Fear These Pits! 🚨💰
If you want to make big money in the crypto world, you must: trade with light positions, set stop-losses, and let profits run!
The fundamental reason for most losses is — heavy positions, not setting stop-losses, and running away with profits.
Do not be swayed by market fluctuations; follow your plan, accept drawdowns, and slowly grow rich!
I used to avoid losses, but I found that the more I dodged, the bigger the problems became. Real trading is a battle with oneself!
The hardest part is not making money, but having patience! Extreme market fluctuations are designed to exhaust your patience.
Trading with light positions can help you avoid a psychological breakdown, but greed leads us off the right track.
Trading is a battle of human nature, not a psychological issue!
Change your mindset, stabilize your profits — this is the essence of trading!