A fan in Guangzhou found me and told me a story

ETH, 80,000 USDT fully shorted, everyone can imagine his ending.

His three-year girlfriend left him, and on the day she left, I remember she said: "I don't want to marry a gambler."

Last month, he sold a Toyota Land Cruiser and a Xiaomi Mi Pad that hadn't even warmed up yet, and drove home in an old Nissan car he had bought over ten years ago.

From an ordinary person, he became a clown. 🤡

A couple of days ago, when the market was at 3800 points, I encountered two such fans. I told him at that time that 4000 points was a resistance level, and I said even if it couldn't break through 4000 points, it would still repeatedly entice buyers. Very passive. I suggested he cut his losses, as he was holding contracts.

Then when it broke through 4100 points, I told him again that due to news from Trump, it broke upwards. Don't operate against the trend.

Then he just read it and didn't reply, and now it's at 4400.

The biggest problem is that he didn't set a stop-loss. When trading contracts, it's essential to set a stop-loss.

At that time, I said that 4000 points (plus or minus 1000 points) was a resistance level; if it couldn't break through, it would go down. When it broke through 4100 points, it was an upward breakthrough, go long.

Buddhism teaches us that gains and losses are relative. When trading cryptocurrencies, one should reduce attachment to gains and losses. Whether making money or losing money, one should maintain a peaceful mindset.

In the crypto world, one should cultivate compassion. When seeing the price of a coin rise, one can show compassion and give profits to others;

When the crypto market falls, one should have a sense of sorrow to buy, possibly unintentionally buying at a low point, thus earning a profit, using the wisdom of Buddhism to guide one's actions.

This is not metaphysics; the crypto market is a struggle against human nature. If you have questions, follow me at @加密大师兄888 . Feel free to reach out if you don't understand.