How should ordinary people trade cryptocurrencies to achieve stable profits? How can ordinary people realize their first million?
Everyone trading cryptocurrencies must overcome the following:
1. The fear of missing out when seeing others make money;
2. When experiencing consecutive successes, feeling overly confident;
3. When facing significant losses, desperately wanting to recover losses. Therefore, when encountering these three situations, it is essential to remain vigilant at all times.
If you are a working professional and want to become a millionaire, please listen carefully to me, do not believe those myths of getting rich quickly, take control of your trading, as the myths of getting rich are for the chosen ones by fate.
My advice is to set phased goals for yourself.
Work diligently, seriously study contracts, but do not over-leverage, slowly compound from 5000 to 50000. This process is the most challenging, but it cultivates trading character. During this process, you can form your own trading system, which can also be adapted for other speculative markets in the future.
Then, according to the previous profitable method, compound from 50000 to 100000, 100000 to 200000, and 200000 to 500000. Once you achieve this, you are not far from success, and you will realize that you have already developed a stable profit-making method, and then becoming a millionaire is only a matter of doubling your effort.
If you really cannot make a profit, do not invest more, and there's no regret in exiting.
The essence of trading profit is not complex; it is like spring planting and autumn harvest. You need to fertilize and cultivate, but it is not absolutely necessary. Even the best seeds need the right climate to sprout, and sprouted seeds need enough time to grow, bloom, and bear fruit. You need to be patient; forcing growth does not help, and most importantly, if the climate is poor that year, no matter how much you plow and fertilize, it will all be in vain. Accepting this fact will guide you on what to do.