The failure in cryptocurrency trading is not due to technology, but because you don't understand 'human nature'
Many people think that what matters in the crypto world is technology: how accurate your indicators are, how well you can read trends, how aggressively you can capitalize on airdrops. But what truly determines whether you can survive and profit in this market is not these factors, but whether you understand 'human nature'—especially your own.
When a coin rises by 5 times, do you dare to hold onto it?
When your account experiences a 30% drawdown, can you avoid being driven by emotions?
When everyone around you is making money, can you still maintain your own rhythm?
Newbies are obsessed with candlestick charts, while veterans see through human nature. The truly skilled individuals never pursue 'precise predictions'; instead, they use systems and rules to free themselves from the weaknesses of human nature.
Every mistake you make in the market can almost be summed up in four words: uncontrolled desire.
— Wanting to get rich overnight, but not wanting to make a plan;
— Seeing others making money and starting to feel anxious;
— Fear of missing out on opportunities, acting impulsively;
— Being greedy and not cutting losses, resulting in total failure.
The crypto world is a mirror that clearly reflects your hidden greed, fear, vanity, and anxiety. Technology is a means; human nature is the foundation. If you can't even see your own weaknesses, it doesn't matter how good your technology is.
Remember: the clearer the understanding of human nature, the steadier the path in the crypto world.
