The Fundamental Reason Ordinary People Lose Money in Cryptocurrency Trading:
The reason 90% of ordinary investors lose money is: small positions in uptrends, large positions in downtrends. Why does this happen? It's a problem of trading habits. When buying a cryptocurrency that is rising, most people do not invest a large amount initially, but due to the continuous rise, they cannot resist the temptation and keep increasing their positions until they are caught during a correction. As a result, they profit from small positions while losing heavily on the large ones. Of course, there are times when they get it right, but cryptocurrency trading is a long-term endeavor, and such trading habits will eventually lead to significant losses. To avoid these habits, one must develop the practice of buying high and selling low, not the other way around.
First: Establish a fixed position, do not take random positions.
Second: Once the position is established, only reduce the position, do not increase it further.
Third: Do not establish positions arbitrarily, especially when the market conditions are unclear. $BTC