Did you think making money from trading cryptocurrencies relies on K-lines, news, or luck?
Naive!
The only people who really survive in this market and make big money are those who have been ground down 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 haven’t been liquidated, you don’t really understand what “pain” means.
If you haven’t experienced going from a profit of 1 million to losing it all, you will never understand what “despair” means.
The market won’t reason with you; it will teach you the hard way:
If you lose 50% of 1 million, you’re left with 500,000, but to make back to break even on 500,000, you need to earn 100%!
It takes 1 hour to climb from the 1st floor to the 100th floor, but it only takes 30 seconds to jump from the 100th floor.
Remember:
Your capital is your life; if anyone touches your capital, you must cut them off!
Even if you have doubled your money 100 times, as long as you hit zero once, you’re 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 decide to buy cryptocurrencies in just 3 seconds!
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 capital in fees over a year! (Don’t believe it? Do the math yourself!)
What do truly ruthless people do?
Think ahead:
How much do I want to earn in this wave?
How much loss must I cut?
How much must I withdraw first after making a profit?
Never go all in: buy in batches, increase your position only when profitable, always leave an escape route.
Be patient and wait for opportunities: the cryptocurrency world is a place where “three years without opening is followed by three years of profit”; making random moves = looking for death!
3. Top mindset: what you want isn’t small money, it’s changing your destiny!
If you’re trading cryptocurrencies with 10,000 and can’t sleep at night over fluctuations of a few hundred—better to quit early; you’re not fit for this game!
How do real big shots think?
The goal is 10 million; they don’t care about fluctuations of 1 million at all!
When a trend comes, hold on tight; if there’s no trend, it’s better to sleep than make random moves!
Trading is counterintuitive; you need to be able to endure more than 99% of people!
The market won’t eliminate the technically poor; it will only eliminate those with a collapsed mindset.
Do you want to be the fodder that “completely exits after liquidation” or the winner who “can rise again after losing everything”?