This market. It's driving me crazy. Even in a war, gold is going up, while the crypto space is just useless. Many KOLs in the crypto space are active but don't talk about coins, and those who talk about coins are inactive; the whole industry is about to collapse. Cancer stocks, cancer coins...
Think about it. What do those people want?
What if I give you 800,000 and you have to lose it all within a week, or else you'll be executed? What strategies can you come up with to achieve that?
Some people say to go all in, but what if you end up making a profit?
If it increases to 1.88 million, it will be even harder to lose it all.
Others say to trade heavily and frequently, opening and closing positions to incur losses from fees. That's one way to do it.
But what if you have floating profits?
You must cut it immediately, you absolutely cannot wait. If you have floating losses, you can wait a bit, hoping to lose more.
I hope this reverse thinking can help you gain some insight. The most important thing is that after you realize this, you need to let go of the regret and obsession about how much you previously lost, and focus on doing well. Otherwise, being anxious to turn things around will only lead to total failure. Alright, how do we build a trading system now?
Let's discuss in the comments section.
