At the age of 35, I stepped into the cryptocurrency world with 60,000 yuan that I had borrowed.
I didn't expect that last year my assets had already surpassed eight figures. After nearly ten years in this field, and six years doing it full-time, I've spent over 3,100 days and nights trying almost all modes such as long-term, short-term, ultra-short, and swing trading, and I have gained some insights.
To stabilize in this industry, the 10,000-hour rule is unavoidable. Spending 8 hours a day reviewing trades and sticking to it for over 200 days a year, it takes about five years to grasp the edge of stable profits. Moreover, this industry undoubtedly has its pitfalls over ten years; the principal must never exceed what one can bear. Many who leveraged high contracts to grow from tens of thousands to tens of millions or even billions have faced significant losses during a bear market; it's just that outsiders are unaware. When the market booms, it's easy to lose one's head and lose basic judgment.
In fact, trading is challenging to change others, but even harder to change oneself. Only by changing oneself can there be hope. The market only recognizes results; if you haven't achieved results, something must have gone wrong. Continuous profits mean you did it right; it's that simple. Losses are not scary; finding the cause and correcting it immediately is what matters; the scariest thing is avoiding problems. The life we live now is the result of every step we've taken in the past, both good and bad we must bear ourselves. Adults should not pretend to work hard; results do not lie.
When trading, one must discard luck and the dream of getting rich quickly, and avoid those orders that cannot be understood. Before entering a trade, ask yourself: Do I understand the logic? Do I have reliable evidence? Is my strategy and risk control in place? Can I withstand a loss? Recognizing one's own limits is what makes a qualified trader.
It's never too late to change. Ultimately, the essence of trading can be summed up in eight characters: cut losses when wrong, hold on when right. #加密市场回调 #山寨季何时到来?