The truth about making money with cryptocurrencies can be summed up in one sentence: Only those who can wait will earn big money.
Real opportunities occur only two to three times a year; the rest of the time is a trap.
Do you think experts make money every day? In fact, they spend 90% of their time waiting.
For example: The rebounds at the end of October 2023 and May 2024 are the real opportunities worth investing heavily in.
Two key reasons why retail investors lose money:
1. Impulsive trading
Even without signals, they want to trade, saying "it feels bad not to place an order," only to be clearly dealt with by the market.
2. Greed and not taking profits
When it rises by 20%, they feel it's too little, fantasizing about doubling their money. When the market turns, they lose their profits and even their capital.
The logic of expert trading:
No market movement: patiently wait
When it truly drops to a level: decisively enter the market, be bold to hold and wait
When it reaches the target: simply take profits, never get attached to the battle
The biggest cost in the cryptocurrency world is not the transaction fees, but the inability to control one's hands.
The core of making big money has never been frequent trading, but rather:
The ability to wait, to endure, and to be decisive.
Those who can control their hands have already surpassed 80% of people.
Remember this sentence:
The money you earn is not because you traded a lot, but because you waited correctly.
Take your time, persist, and you too can reap the rewards.
