The Essence of Trading: Trading Life for Money, Using Brain to Preserve Life
1. First think about how much you can lose, then think about how much you can earn
Don't just dream about doubling your money; first figure out whether this trade will leave you in ruins before you can laugh at the end. A dead gambler has no right to breathe wrong.
2. Treat yourself as a casino, not a fortune teller
There is no 100% win rate, only "Is this odds worth betting on?" The house never fears losing a single bet, it fears not getting back to the table.
3. The simpler, the more violent
Having a bunch of indicators is not as effective as focusing on one signal until it hurts. True profitable strategies are often simple enough to make people doubt.
4. Time will expose all naked swimmers
Those who rely on luck will eventually lose back with strength. Those who can survive through three years of bull and bear markets are the true big shots.
Remember:
The market specializes in curing all kinds of disobedience; either evolve or be eliminated.
Are you investing, or just paying transaction fees to the exchange?
One tree cannot make a forest; a lone sail cannot travel far! In the crypto world, if you don't have a good circle, and lack first-hand information, then I suggest you follow me, I'll help you get ashore. Welcome to join the team!!!
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