The Ups and Downs of Traders: The Game of Greed and Stability
In my years of trading, I have witnessed a portion of extremely excellent traders who started with a small capital of only 100u to 1000u. With outstanding skills and keen market insight, they snowballed their assets to hundreds of thousands, even exceeding millions. However, it is lamentable that in the face of extreme market conditions, their assets ultimately went to zero. They left the crypto world!
The reason for this is nothing more than excessive confidence, believing that they would never lose. Yet they overlooked the potential risks and were intoxicated by the victories in front of them. The market taught them a vivid and bloody lesson with its brutal reality, making them deeply understand what it means that pride leads to downfall.
At the same time, there is another group of traders who always remain clear-headed and calm. They are not tempted by temporary profits, but stick to their own pace and develop steadily. They understand how to move steadily through the waves of the market, accumulating small victories for greater triumphs.
The path of trading has never been a smooth and easy road, but rather a perilous journey filled with thorns and traps. Choosing to be blinded by greed or maintaining a steady pace determines whether the final outcome is glorious or bleak.
Those traders who fell in extreme market conditions have become a lesson and warning for future generations; while those who have been steadily moving forward serve as a model worthy of learning from. On the stage of trading, only by respecting the market and adhering to principles can one go further and more steadily.