小财神Bit
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Bullish
This is the account growth over 180 days. In fact, making money in the cryptocurrency space is not difficult at all. If you have the right mindset and execution, earning in the crypto world is as easy as breathing! From last year to this year, I have been making money almost without losses. Why? Because I only trade spot and never touch contracts. I have been in the market for eight years and have never traded contracts once! Sometimes I hold long-term positions and don’t even open the app for a month. I sleep well without worrying about liquidation!
Every year, there are 2-3 waves of opportunities to buy the dip in spot trading. Just wait patiently; as long as you don’t get itchy hands and can hold on, you can earn enough in one go! I don’t understand why so many people insist on trading contracts! They always make excuses for themselves, saying that trading spot requires a smaller principal, yet they end up losing in contracts just like everyone else. Some even take out loans, sell cars, or houses, ending up in huge debts, only to cry and shout to exit the market, blaming this analyst or that analyst! In fact, they can only blame themselves for getting itchy hands and not being able to control themselves, wanting to gamble small for big returns and dreaming of getting rich overnight.
So I think the brothers who are losing money must reflect on why they are losing. If you are not one of the chosen ones, then change your mindset, avoid contracts, and trade only spot like me. Believe in yourself, strengthen your learning and 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 the loneliness, and wait for the right price to buy the dip. Just hold on! If it continues to drop, add more at the right position to lower your average price. But the premise is that you, like me, do not touch altcoins, only stick to mainstream coins. As long as you can hold on and stick to it, don’t sell until you reach your target price. As long as you don’t buy at a high price, the likelihood of losing money is very small! If you do all of the above, I can only say you have a 90% chance of not losing money.
Just like today, I still have 20 Ethereum at 1780. The recent fluctuations have been large, so the profits fluctuate greatly as well. However, my goal is to hold long-term and consider selling around 5000. So, I hardly consider selling until it reaches that point. I don’t care how big the 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 the mindset and execution; as long as you achieve this, you won’t lose money. $ETH
Every year, there are 2-3 waves of opportunities to buy the dip in spot trading. Just wait patiently; as long as you don’t get itchy hands and can hold on, you can earn enough in one go! I don’t understand why so many people insist on trading contracts! They always make excuses for themselves, saying that trading spot requires a smaller principal, yet they end up losing in contracts just like everyone else. Some even take out loans, sell cars, or houses, ending up in huge debts, only to cry and shout to exit the market, blaming this analyst or that analyst! In fact, they can only blame themselves for getting itchy hands and not being able to control themselves, wanting to gamble small for big returns and dreaming of getting rich overnight.
So I think the brothers who are losing money must reflect on why they are losing. If you are not one of the chosen ones, then change your mindset, avoid contracts, and trade only spot like me. Believe in yourself, strengthen your learning and 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 the loneliness, and wait for the right price to buy the dip. Just hold on! If it continues to drop, add more at the right position to lower your average price. But the premise is that you, like me, do not touch altcoins, only stick to mainstream coins. As long as you can hold on and stick to it, don’t sell until you reach your target price. As long as you don’t buy at a high price, the likelihood of losing money is very small! If you do all of the above, I can only say you have a 90% chance of not losing money.
Just like today, I still have 20 Ethereum at 1780. The recent fluctuations have been large, so the profits fluctuate greatly as well. However, my goal is to hold long-term and consider selling around 5000. So, I hardly consider selling until it reaches that point. I don’t care how big the 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 the mindset and execution; as long as you achieve this, you won’t lose money. $ETH
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