Do you think making money by trading cryptocurrencies relies on K-lines, news, or luck?
Naive!
The only people who survive in this market and make big money are those who have been rubbed against the ground by the market, lost so much they wanted to jump off a building, and finally gritted their teeth and got back up.
1. If you don’t get liquidated, you will always be a rookie.
If you’ve never been liquidated, you simply don’t understand what ‘pain’ means.
If you haven’t experienced going from making 1 million to losing it all, you will never understand what ‘despair’ means.
The market won’t reason with you; it will only teach you how to be human in the harshest way:
Lose 50% of 1 million, leaving you with 500,000, but to break even on that 500,000, you have to make 100%!
Climbing from the 1st floor to the 100th floor takes 1 hour, but jumping down from the 100th floor takes only 30 seconds.
Remember:
Your principal is your life; whoever touches your principal, you must cut them off!
Even if you’ve doubled your money 100 times, as long as you hit zero once, you are completely out.
2. Why are most people just fodder?
Because they can’t control themselves at all!
They can compare prices for shoes for 3 days, but only take 3 seconds to decide to buy cryptocurrencies!
The pain of losing 1,000 is 10 times stronger than the joy of making 1,000!
Frequent trading can eat up 140% of your principal in fees in a year! (Don’t believe it? Do the math yourself!)
What do real hardcore traders do?
Think ahead:
How much do I want to make in this market movement?
How much must I cut my losses?
How much must I withdraw first when I make a profit?
Never go all in: buy in batches, only increase your position when making a profit, and always leave yourself an escape route.
Be patient and wait for opportunities: the crypto circle is a place where 'three years of no activity means three years of profit'; moving recklessly = finding death!
3. Top-tier thinking: what you want is not small money, but a change in destiny!
If you are trading with 10,000 and can’t sleep at night over fluctuations of a few hundred bucks—get out early; you are not suited for this game!
How do real big players think?
The goal is 10 million; they don’t even care about the fluctuations of 1 million!
When a trend comes, hold on tight; if there is no trend, it’s better to sleep than to make reckless moves!
Trading is counterintuitive; you need to endure more than 99% of people.
The market won’t eliminate those with poor skills; it will only eliminate those with a collapsed mindset.
Do you want to be the fodder who 'exits completely after liquidation' or the winner who 'can rise again after losing everything'?
