Brothers, wake up! You stay up all night staring at the market, your fingers trembling, making a quick 5% profit and then rushing to escape, but when you lose 30%, you stubbornly hold on and pretend to be dead, and in the end, your account gets thinner and thinner — this is not trading cryptocurrencies, this is giving money to the market makers!
Do you know what type of retail investors the market makers love most? It’s those who run away after making a little money for groceries but fantasize about breaking even after a loss! Have you done the math? If you make 5% and run away ten times, just one time losing 50% will leave you completely cold!
Now ask yourself with a clear conscience: did you enter the crypto world to get tangled up in trivial matters every day, or to completely turn your life around? If you just want to make a little extra for takeout, you might as well work for Meituan delivery!
Remember three iron rules:
1️⃣ Don’t be timid when making money! You can reduce your position, but don’t run away completely — in a bull market, when you think it’s "too much increase," it often just started!
2️⃣ Cut losses immediately after losing over 10%! Don’t believe in any "value investing"; market makers love to kill those waiting for a rebound.
3️⃣ Set your goals high! Either aim for getting rich quickly, or exit early — making a million and losing a million are actually equally hard, but the outcomes are vastly different!
Now change your phone's wallpaper to this phrase: "I’m here to turn my life around, not to break even!" Next time you want to take profits early, give yourself a couple of slaps first!