I am 35 years old this year. I entered the cryptocurrency space in 2019, borrowing 60,000 as principal at the time. By last year, my assets had surpassed 10 million! #美国稳定币法案
After ten years of navigating the crypto world, I have been a professional trader for six years, over 3100 days and nights. I have tried long-term, short-term, ultra-short, and swing trades; I have basically experimented with various trading methods and have a say in this field.
I have always believed that mastering a skill requires the 10,000-hour rule—focusing 8 hours a day, reviewing for over 200 days each year, for nearly 5 years. This is just the basic threshold for achieving stable profits. It is important to know that there will be significant fluctuations in the crypto space within 10 years, so to be prudent, never let your invested principal exceed your controllable range within that time frame.
Many experts who have turned tens of thousands into tens of millions or even billions have risen due to high-leverage contracts. However, many have also gone to zero after a bear market; they are just not well-known. Human nature often leads people to lose their ability to make correct judgments in the face of major trends.
Returning to the main point, I want to share with everyone: trading in the crypto space, it’s hard to change others, but it’s even harder to change oneself. Only by changing oneself is there hope! The financial market has no 'if'; it only looks at results. If you cannot achieve your expected returns, you must have done something wrong; if you can continue to profit, you must have done certain things right, and that’s all there is to it. The way of thinking determines daily actions, and actions will ultimately lead to final results.
Losing money is not scary; what is scary is not digging deep into the root causes of the loss and not having the determination to change immediately. You cannot ignore problems or evade them; only by facing and solving them can you turn losses into profits. Everything has a cause and effect; today’s situation stems from every previous decision.
Regardless of whether the result is good or bad, you must accept it calmly—in the adult world, once you choose, do not look back, even if you are wrong, you must persist until the end. Don’t pretend to work hard, because the results won’t act with you in a play.
Make sure to reflect and summarize often; continue to optimize what is good, and immediately correct what is bad. Given time, there will surely be progress. The same applies to trading in the crypto space: abandon luck, discard fantasies of getting rich quickly, and refuse any trades beyond your ability and understanding.
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