As long as you're not too greedy, making money in the crypto world is too easy!
In the crypto world, if you want to truly achieve financial freedom and compound returns, the methods, techniques, and forming your own profit system are crucial!
Once you master it, the crypto world will be like your "ATM"; making money will be as easy as breathing!
After more than 8 years of trading cryptocurrencies, my wealth journey can be summarized as follows:
The first ten million took the longest and was the most painful; reshaping and polishing the trading system took a year and a half.
The second ten million took three months.
The third ten million only took 40 days.
The fourth ten million took just 5 days.
75% of the funds were earned in just six months.
Let's first talk about those who made money:
First of all, they are definitely not contract players. None of the contract players I know are making money; even if they made money at some stage, the final result is still a complete loss. In fact, the essence of contracts is gambling, making money through probability. Of course, this has a slightly higher probability than betting on highs and lows, but it's basically similar. Those who make money from contracts are usually those who run contract trading communities; they have long realized that contracts can't make money, so they go to lead contract trading communities, where old investors cut new investors.
A piece of advice for those who want to recover their losses or make money through contracts: so many people are still in the crypto world to recover their losses, but there's a harsh reality: most people cannot recover their losses, nor can they make money, especially those who want to recover through contracts; it's a delusion. The people who actually make money through contracts are few and far between. Don't fantasize about why you wouldn't be that person. To be honest, if you want to recover through contracts, you're really not cut out for it. No matter how much you lose, the result is the same; even if you lose everything, you cannot recover through contracts. Therefore, I urge those who want to recover their losses through contracts to quit contracts; in other words, quit gambling.
What should spot traders do when they lose money?
First, if the losses are not much and the principal is still relatively large, meaning that the principal and the loss are equal, then recovering losses is relatively simple and easy. Or, if you need to multiply your investment by less than five times to recover losses, it's possible. But the most important point is the buying and selling points. If you’re stuck at a high position, it will be difficult. Most people can make money when a bull market begins or during the main upward wave of the bull market; losses occur because they do not understand how to sell. After selling, during the distribution phase by the main force, they repeatedly enter the market at high positions and get harvested. Therefore, for retail investors, the price at which to sell is very important, but selling is not the most important.
The most important thing is that after selling, being able to maintain a cash position and wait is something most people cannot do; about 95% of retail players cannot do this, and it is the fundamental reason why most people lose money. If you can sell at a relatively high point, and after selling, you are not influenced by analysts in the market or various positive news at high positions, and you insist on remaining in cash, then that is truly securing your profits; that is how you can truly make money.#波段交易策略 #X超级应用转型 #比特币
