Making money in the crypto world isn't difficult, yet many people fail to make money and even lose money. This is a strange phenomenon.
Since entering the crypto world, I've seen many people become wealthy through virtual currencies. I also have quite a few friends with assets in the A8 and A9 range, who primarily make money through long-term cycles and trend trading, including myself, who also benefited from the bull market in 2021 and the major trends in recent years.
The logic of making profits from trading cryptocurrencies is simple: buy low and sell high during a bull market. Everyone understands this, but many people can't control their hands and insist on making random trades when there's no certainty in the market.
In a bull market, making money is easy; money comes in like a strong wind, and you can profit just by buying randomly. But it's merely due to trends and luck. If you take this as your own strength, it can be very dangerous. All major losses are caused by overconfidence.
Newcomers in the early stages of entering the market may find it hard to keep their profits, often ending up losing both capital and gains. Only after experiencing losses and going through enough trial and error and reflection can one gain insight and gradually get on the right track.
Don't easily leave the crypto world, as it is currently the best or perhaps the only way for ordinary people to change their fate.
For more of the latest essential information in the crypto world, be sure to follow.
#BTC再创新高 #美国加密周 #Strategy增持比特币
$BTC$ETH