Is it possible to avoid being a workhorse by diligently trading cryptocurrencies?
"Can diligent cryptocurrency trading prevent one from being a 'workhorse'?
The illusion of 'getting rich overnight' vs. the reality of leverage traps.
Although there are seemingly easy stories of making quick money, such as young people achieving financial freedom through cryptocurrency, the time, energy, and psychological costs they bear are enormous, even sacrificing normal routines and social lives.
The cryptocurrency market is extremely volatile, with prices fluctuating by 20% or even 40% in a single day, and professionals inevitably face immense psychological pressure.
High earnings threshold: Capital + Technology + Psychology.
Maintaining a stable return of 2–10% per month. Don’t underestimate this, even though it seems low, it is incredibly difficult for most people to achieve consistently.
Most retail investors are driven by emotions, chasing prices and frequently using high leverage, leading to continuous losses.
Can diligent cryptocurrency trading change one’s fate? The answer is: possibly, but it is very difficult.
Only by possessing key elements such as capital, strategy, discipline, and mindset simultaneously can one join the ranks of the few who achieve consistent profits.
Everyone should maintain a calm mindset, for instance, on reliable cryptocurrency platforms like Binance, learn more about the value of related crypto assets, and continuously try out various strategies using the rich tools available there, which is the best approach.