The Blood and Tears Lesson of Cryptocurrency from 50,000 to 8,000
A fan lamented: "From 50,000 to 8,000, it was said that spot trading is as stable as a dog, but I ended up losing like a dog!" When asked how he operated—watching short videos and following trades, going all in, the more he added to his position, the deeper he got trapped. This is not investing; it's simply gambling!
Even without leverage, spot trading can lead to losses; stubbornly holding onto losses is the biggest risk.
Remember the three iron rules: a long upper shadow is a selling signal, if the lows are moving down, run quickly, and if the trading volume is shrinking, don't fantasize.
The market specializes in dealing with all forms of disobedience!
The real secret to making money can be summed up in nine words: choose the right coin, control your position, follow the trend.
Don't touch worthless coins; steady and solid progress is the real deal.
In the cryptocurrency world, choice is greater than effort! Following the right people, making money is a natural outcome!
