Having been in the cryptocurrency space for these years, I have seen too many people leave with their capital wiped out. It's not that they aren't smart, nor is it that they haven't encountered bull markets; rather, they fall victim to some fundamental mistakes! To put it bluntly, the three main reasons for huge losses are:
First, chasing highs and cutting losses. When seeing a coin surge, they rush in, fearing they’ll miss out, only to have it drop as soon as they buy; then in a panic, they cut their losses, and just after they sell, it rebounds. They are purely led by emotions, which is why they end up losing.
Second, going all-in with heavy positions. The direction and logic may be correct, but putting everything on the line makes it hard to withstand normal corrections; either they are forced to stop-loss or sell halfway. When it finally goes up, they have no chips left and can only watch. This kind of missed opportunity is the most painful.
Third, emotional trading. When excited, they go all in, but when the opportunity arises, they have no money to invest. The pain of "I missed the opportunity because I had no money" is something everyone in crypto understands.
In this market, remember these eight words: Take profits when it's good, secure your gains! Don’t talk about "vision," "faith," or "holding long-term"; we are here to make money, not to be VCs or project teams.
What’s the right way to operate? Sell in batches when there’s a big rise, don’t be greedy; buy in batches when there’s a big drop, don’t be timid. Don’t fantasize about getting rich overnight, and don’t let scams fool you. There are plenty of opportunities in the market, but if you lose your capital, you won't even have a chance to get in.
Surviving is the key to the future. In this circle, recognize reality and proceed steadily!
Yesterday, the fans on the group set up the layout for $MKR , nothing more to say, precise entry and exit, mastered perfectly. Entered at 1855, took profits at 1920, escaping the top. This is Wind Brother's strength; within one night, nearly 1000 dollars were made without excessive operations, just entry → take profits, it’s that simple 🎉
The next order is being arranged, there’s still a spot available
