What is the most important thing in trading cryptocurrencies?
When trading cryptocurrencies, one must control their greed; when making money, they don't want to take profits, and when losing money, they don't want to cut losses.
If a person's greed is too strong, they are truly not suitable for trading cryptocurrencies. The crypto market is a high-risk market, and those with weak risk awareness often rush in first, becoming the first to fall.
Position control is risk control.
Those with strong greed often go all-in; those who are not afraid of losing go all-in.
Anyone who cannot control their personal desires, after countless lessons in the crypto market, can only start to stabilize their profits after learning position management.
Those with moderate greed will learn quickly and behave well, mastering position management.
Those who are extremely greedy will not learn to manage positions even after 100 or 1000 lessons from the market, which only indicates that such people are not suitable for trading cryptocurrencies.
Character determines destiny. When you learn not to be greedy, you have achieved enlightenment.