In the cryptocurrency world, is it blind rushing forward or steady and solid?
There’s a brother who studies candlestick charts until 3 a.m., yet one meme from Musk at midnight directly wipes him out. It sounds like a joke, but this is the cryptocurrency world—no matter how great the skills, they can't prevent black swan events; but if you have no skills, you won't even encounter a black swan.
Trading is not the same as delivering food
When delivering food, each extra order earns you a few bucks, it's stable. But what about trading cryptocurrencies? Some have been watching the market for three years, mastering MACD and RSI, yet still earn less than the neighbor who buys Dogecoin with his eyes closed.
But this does not mean that skill is useless; rather, most people haven't even mastered the basics and want to rely on talent to get rich, only to be crushed by the market.
Survival rules for seasoned players
Wait for opportunities like a sniper—don't shoot for half a month, but when you do, make sure to hit the mark.
The market is always smarter than you—cutting losses is like wearing a seatbelt; no matter how thrilling the ride, you have to ensure your safety.
Compete with greed—when others are FOMOing, you run; when the market is panicking, you buy the dip.
It sounds simple, but how many people know they should cut losses yet can't resist leveraging up? This is the anti-human nature of trading—you are always fighting against yourself.
Luck vs Skill
Luck is like the spring breeze of a bull market, allowing you to fly for a while; but skill is the life jacket in a bear market. Too many people rely on luck to make money, only to lose it back through skill.
The fairest thing about the cryptocurrency world is: it will eventually punish those who rely on luck, and reward those who are willing to fight hard.
The market is not short of opportunities; the problem is whether you can seize them. Follow the right people and do the right things to make money.
People are more important than anything else! If you are still wandering in confusion, you might as well check out @cryptoGuangGe to help you snipe every wave of the bull market.