Has being in the cryptocurrency world for too long made you lose your concept of money?
There are many who have become poor after reaching A7, and many who have returned to poverty after reaching A8, but among the people I know, I have yet to see anyone who has returned to poverty after reaching A9.
I don’t know what A7 means to everyone, but A7.5 basically means financial freedom. However, after entering the cryptocurrency world, many people are influenced and end up becoming greedy, losing their concept of money.
Once this happens, it’s not surprising for A7/A8 to go bankrupt. It’s hard for A9 to become wealthy in a one-time windfall; most of these people have gone through a long period of compounding, so they tend to be more stable; many A7/A8 individuals have become rich quickly in the short term.
Every leap between levels is effective control over greed; A9 is generally not accidental.
In just the past few days, there have also been quite a few who have returned to poverty after reaching A7. If I remember correctly, this guy below had a liquidation line at 2410 and was forced to liquidate!
This circle is like this: there are many myths of becoming rich and even more stories of returning to poverty. Always remember these 12 words: respect the market, believe in trends, trade less and move less!
Perhaps I am the same as everyone else, the only difference is that I entered the circle in 2017 and returned to poverty from A7. I lost a lot right after I entered, and I sincerely suggest that beginners in the cryptocurrency world don’t have to limit themselves to contracts; there are other avenues to explore.
It took me nearly 8 years to go from returning to poverty to A8. This long-term mental torment is not something that an ordinary person can endure. I also have a complete trading system of “principles,” but it’s not suitable for everyone!
If any brothers have lost too much in the past few days, I suggest taking a break, clearing your mind, and letting go of the tension from the last couple of days.
At the moment you regain clarity, reconsider whether you can afford to continue playing.
Human greed is infinitely magnified, but if you rationally list your goals and implement them one by one, you will be able to restrain your desires and feel grounded; of course, this requires a lot of self-discipline!
Finally, I wish all cryptocurrency friends to get back on track and prosper soon!