I have been in the cryptocurrency circle for several years. I quit my job to trade cryptocurrencies six years ago, going from being in debt to being wealthy. At first, I also frequently faced liquidation.
Perhaps in the eyes of some, retail investors will always be lambs waiting to be slaughtered!
If you are preparing to enter the cryptocurrency circle, I sincerely hope this article can help you. As someone with decent summarizing ability and expression, I believe some of my thoughts may be helpful to you. Alright, enough small talk, let's get straight to the point~
The greatest benefactor in life is not found money or winning the lottery, but rather one day meeting someone who breaks your original thinking and elevates your perspective. This can lead you to a better stage. Life is similar; cognition determines wealth, and underlying logic determines the superstructure!
Before enlightenment, it is as difficult as climbing to the heavens; after enlightenment, it is as easy as turning your hand. Many stock market experts find trading cryptocurrencies simple after gaining insight, while many retail investors believe that the experts who make money in trading have done so through countless hours of learning and numerous losses.
Fourth-rate experts rely on skills.
Third-rate experts rely on capital management.
Second-rate experts rely on concepts.
First-rate experts rely on psychology, while super experts rely on quality.
The ten consistencies between buying cryptocurrencies and marrying a wife.
1. When marrying, you must choose someone you are satisfied with; you can't just randomly pick someone off the street! (When buying cryptocurrencies, you need to have self-evaluation and choose the best.)
2. You must carefully check your future wife's background, including her family's situation (the cryptocurrency's backend responsible person)!
3. You definitely won't marry a woman you don't want to spend your life with! (You shouldn't buy cryptocurrencies you don't want to hold for 3-5 years.)
4. After marrying her, you need to spend time together; whether you can have a chubby child in the future depends on your own genes! (How well you earn reflects your ability to choose cryptocurrencies.)
5. If your wife ignores you, you need to know why? (During a downturn, find the root cause, strengthen your confidence in holding the currency, and do not forget your original intention. If she really changes her mind, there is nothing you can do but cut losses.)
6. Don't engage in one-night stands; even if you encounter a problematic one out of ten times, you're done for! (You cannot have a short-term blind gambling mentality.)
7. Don't always think about finding a mistress; in reality, dealing with one tigress is already enough work! (Do not be distracted by external temptations.)
8. During holidays, make sure to visit your father-in-law's house (to understand the internal situation of the cryptocurrency and grasp first-hand information).
9. After having children, you need to educate them well with your wife. Don't throw all the responsibilities on teachers and schools! (Dilute costs, behave according to the trend, buy low and sell high to lower costs, combining fundamentals with trends.)
10. If a couple raises their children well and can earn money to support their parents, then you can retire! (As time goes by, profits will increase, allowing you to hold your position with confidence and slowly take profits in batches.)
Trading cryptocurrencies involves simplifying complexity; make complicated things simple, and do simple things seriously. The path to success is simplicity!
