An analysis of the types of people who will lose money in the cryptocurrency world after ten years

Be careful of these types of people who will definitely lose money in cryptocurrency! Check if you fit the description.

First, pure novices, who jump straight into 100x contracts, make a small profit and then go all in, leaving nothing behind. They rely on luck to invest in some cryptocurrency with x times leverage, only to lose everything later! They only know how to go all in and chase highs while cutting losses, completely unaware of what position management means or what take profit and stop loss are; they are always fully invested and always teary-eyed! (As a beginner, I advise you to stay away from cryptocurrency; truly, ignorance is fearless!)

Second, small capital players, for instance, if you only have a few thousand USDT! Wanting to make a million! There are cases where a few thousand USDT can turn into a million, but most of these are through first-tier markets and contracts!

If small capital players choose the wrong track, it is also very difficult to achieve class mobility; if you want multiple times the return, you definitely cannot choose the secondary market! The secondary market cannot provide you with hundredfold returns! High multiples must rely on first-tier markets and contracts!

However, the risks of contracts and first-tier markets are also extremely high; those who can succeed in these two tracks are one in ten! Watch more and do less!

Third, the big baby in the cryptocurrency world: someone who knows nothing, needs to be spoon-fed, and even wants praise for what is fed to them! Such people are basically destined to be far from making money! Because no one will have the patience to keep feeding you! Even your parents will only feed you until a certain age!

The big baby in the cryptocurrency world prefers to be spoon-fed and lies down waiting for service! With a poor mindset, they can only complain after earning or losing a little! They are doomed not to last long! A poor mindset renders everything meaningless!

Fourth, stubborn individuals, who still hold onto a bunch of altcoins, never touching BTC, ETH, or XRP! These people have extremely poor risk tolerance! They all know BTC is expensive and think altcoins are cheap, believing their growth rates are high, but the same applies to their downfall as well!

Although Bitcoin has slow growth and a high price, it is relatively more stable compared to altcoins; many who stubbornly hold onto altcoins may receive announcements of delisting from exchanges.