Unable to sleep at midnight while flipping through trading records, these lessons learned with over seven million in tuition can be summed up in two sentences.
Don't throw your child's milk money onto the gambling table and don't urge others to enter the market; it's no different from handing someone a cigarette that gives them lung cancer. I currently have ten million in my account, but this money feels very hot to the touch. Last time Ethereum plummeted, my stop-loss order got stuck on the chain for half an hour, and I watched as eight hundred thousand just disappeared. I'm not saying this to show off; I'm telling you that when you think you can get rich by looking at the K-line, the big players are using your money as cannon fodder.
Let me tell you a harsh truth: every time you want to increase your position, think about whether you can sleep at night if that money burns away; every time you want to cut your losses, consider whether that money should have been used to buy supplements for your parents. Just found out the other day that the cleaning lady at my frequently visited exchange lost her son's tuition last year while trading cryptocurrencies.
Still don't know how to operate in this market? Follow me, I'll provide the strategies, but the execution depends on you.