This is my account increase over 180 days. Actually, making money in the cryptocurrency world is really not difficult. If you are disciplined, have a good mindset, and meet the standards of execution, making money in cryptocurrency is as easy as breathing! From last year to this year, I have been making money almost without losses. Why? Because I only play spot trading and do not touch contracts. I have been in this space for eight years and have never traded contracts once! Sometimes I hold long positions for a month without even opening the app. I sleep well and don’t have to worry about liquidation!

Every year in spot trading, there are 2-3 waves of bottom-fishing opportunities. Just be patient and wait. As long as you don’t get itchy hands, as long as you can hold on, you can earn enough in one go! I also don’t understand why so many people insist on playing contracts! They always make excuses saying that spot trading has a small principal, yet in the end, they lose just as much in contracts as anyone else. Some even take out loans, sell cars, sell houses, and end up in massive debt, crying and shouting to quit the circle. In any case, they blame this analyst or that analyst! In fact, the blame can only fall on themselves for having itchy hands, being unable to control themselves, wanting to gamble small amounts for big returns, and wishing to get rich overnight.

Therefore, I believe that brothers who lose money must reflect on why they lost money. If you are not one of the favored ones, then change your mindset. Don’t touch contracts; play only spot trading like me, trusting only yourself. Strengthen your learning, enhance your understanding, find an investment philosophy that suits you, adjust your mindset, and develop strong execution skills! Spot trading is actually very simple. You just need to manage your position well, endure loneliness, and wait for the right price to enter the market to bottom-fish. Just hold on. If it continues to drop, add to your position at the right time to lower your average price. But the premise is that you must be like me, don’t touch altcoins, only touch mainstream currencies. As long as you can hold on and stick to it, don’t sell until you reach your target price in your heart. As long as you don’t buy at high prices, the probability of losing money is very small! As long as you do the above, I can only say that you have a 90% chance of not losing money.

Just like today, I still have 20 Ethereum at 1780. The recent price fluctuations have been substantial, so the profit fluctuations are also large. However, my goal is to hold long and consider selling around 5000, so I will hardly think about selling until it reaches that point. I also don’t care how large the price fluctuations are; I just hold on. Even if it eventually drops below 1780, I will continue to add to my position to lower my average price and keep holding. This is mindset and execution. As long as you achieve this, you won’t lose money. $ETH