Control your own "greed," and making money in the cryptocurrency market is very easy.
In the cryptocurrency market, if you truly want to achieve financial freedom and realize compound interest, methods, techniques, and forming your own profit system are crucial!
Once you master it, the cryptocurrency market will be like your "ATM," making money as easy as breathing!
After over 8 years of trading, here is my summary of the path to wealth:
The first ten million took the longest and was the most painful, constantly reshaping and refining my trading system, which 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 talk about those who make money:
Firstly, they are definitely not contract players. None of the contract players I know make money; even if they made money at some stage, the end result is still a loss. The main essence of contracts is gambling; making money through probability. Of course, this has a slightly higher probability than betting large or small, but it's basically similar. Those who make money from contracts are generally those who lead contract communities; they have long realized that contracts cannot make money, so they go to create contract leading communities, with veteran players cutting new players.
Here’s a piece of advice for those who want to recover losses or make money through contracts: So many people who have lost money still stay in the cryptocurrency market to recover their losses, but there is a brutal fact: most people cannot recover their losses and cannot make money, especially those who want to recover losses through contracts, who are simply daydreaming. The few people in the market who make money through contracts are exceptionally rare. Don't fantasize about why you are not that person. To be honest, if you want to recover losses through contracts, you are really not cut out for it. No matter how much you lose, it doesn’t matter; even if you lose everything, you cannot recover your losses through contracts. Therefore, I advise those who want to recover losses through contracts to quit contracts; in other words, quit gambling.
What should spot traders do if they are losing money?
Firstly, if the losses are not significant and the principal is still relatively large, meaning that the principal is equal to the losses, then recovering the losses is relatively simple and easy, or in other words, if you need to multiply by less than 5 times to recover your losses, it is possible.