9 Years in the Crypto Space: A Veteran's Blood and Tears Summary: Changing Yourself is the Only Way Out!
After struggling in the crypto space for 9 years and trading for 6 years, spanning over 3100 days, I have tried long-term, short-term, swing, and ultra-short-term trading. I can responsibly tell you: those who make it to the end are not the ones with the best skills, but those who can continually change themselves.
Many people turn a few thousand into tens of millions, only to lose it all in a bear market. Because of human nature, it is easy to lose rationality in the face of a major trend. True experts do not blindly go all-in, but always keep their capital within their ability to manage.
The core of trading can be summed up in one sentence: cut losses decisively when wrong, and hold on when right.
Do not expect to change others; only by changing yourself will there be hope. Each loss should be analyzed for its cause and corrected immediately; avoidance is the real fatal flaw.
In the crypto space, there are no 'ifs', only results. Before each trade, ask yourself:
Do I understand the logic? Do I have a clear strategy? Is my risk management in place? If I incur a loss, can I accept it calmly?
Only those who can clearly define the boundaries of their abilities can be considered qualified investors. Remember: luck and speculation will only lead you to the edge of a cliff.
As long as you are willing to change, any time you enter the market is just right!!
