If you're unlucky enough to get liquidated this time, don't rush into the abyss of agony. Calm down and reflect: Is the problem with the market, or is it your own fault?
I'd venture to assert that 90% of the time, it's your inability to control your inner desires and impulses, a common trait among many "gamblers" in the cryptocurrency world. Understand that it's not trading itself that ruins you, but your approach to trading with a gambler's mentality.
First, ask yourself: Are you a trader or a gambler?
Traders act with discipline and planning, taking responsibility for every move they make. Gamblers, on the other hand, are highly emotional and rely entirely on "luck" for their profits and losses.
Looking back at when I first entered the cryptocurrency world, I was a complete gambler.
I blindly added to my positions, disregarding market conditions and often placing heavy bets. It was pure gambling. When I made a profit, I was complacent; when I lost, I blamed everyone else, believing the market was unfair.
I later realized it wasn't the market that was at fault; I was reaping the consequences.
Gambling addiction is arguably the biggest bane of trading. Once it strikes, rationality vanishes. When the market soars, greed swells, hoping to reap the rewards.
When the market plummets, people cling to their losses, hoping for a comeback. But the market shows no mercy to gamblers.
Many people don't deny their gambling addiction; they simply avoid it out of pride. If they don't break this habit, no matter how much they earn, they will eventually lose it all.
So, how do you become a true trader?
First, learn to control your emotions. Don't let greed and fear sway your trading. Create a plan and stick to it, whether it's rising or falling.
Second, test the waters with a small position; don't go all in easily. True experts meticulously manage each trade and prioritize risk management.
Third, learn to set profit and loss targets to avoid losing money due to greed and a desire for luck.
Fourth, review your trades regularly to learn from your experiences and lessons, rather than gloating over wins and slamming losses.
What the cryptocurrency world lacks is not opportunity, but people with strong execution. Avoid gamblers and get-rich-quick schemers. @加密大师兄888
Remember, there's only one outcome for gamblers: losing everything.