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Insights on Cryptocurrency Trading: Set Goals, Stay Patient

Cryptocurrency trading is not something that can be achieved overnight; it requires clear goals and sufficient patience. I once set a short-term profit target, and in order to achieve it quickly, I traded frequently. As a result, not only did I not make any money, but I also lost a considerable amount due to fees and other reasons.

Upon reflection, I realized that cryptocurrency trading requires long-term planning. I reset reasonable goals, dividing them into short-term, medium-term, and long-term objectives. For projects I am optimistic about in the long run, I hold firmly and do not let short-term price fluctuations affect me. For example, I am optimistic about a digital currency with innovative application scenarios; despite its significant price volatility in the short term, I believe in its long-term value and continue to hold patiently. Over time, the project gradually grew and the price saw substantial increases, and my patience was rewarded. In cryptocurrency trading, setting reasonable goals and maintaining patience is the key to achieving ideal returns.