There is a very important principle in trading: do not make small profits, do not incur large losses.
Simply put in 8 characters, it is actually very difficult to achieve. For example: with 20,000, you opened a position, and as soon as you did, it rose to 21,000. You were very happy, took profit, and made a 5% gain. But then the market continued to rise to 25,000... you made 5%, but missed out on 50%;
Then you tell yourself to make big money, and this time you definitely won't take profit. Then the market goes back down to 20,000. You open another position, and it rises to 21,000 again. You tell yourself to learn from the last lesson and hold on to make big money. But then the market goes back to 20,000 and even drops below to 19,500, and you cut your losses.
Many people spend their entire lives constantly switching between these two dilemmas and never escape.
Is there a way to make money whether the market is big or small? No, you must choose one. I usually choose not to make small profits. What I say here I cannot achieve 100%, and no one can do it perfectly. It's like a man can reduce his visits to certain adult sites, but he cannot completely stop unless he removes his masculinity.
But I can tell you the correct philosophy; how much you can achieve depends on personal cultivation. Each of us can only achieve a certain proportion of these philosophies, so we should try to improve that proportion as much as possible.
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