#FOMCMeeting It seems only you #Bitcoin❗ can bear the losses while breaking your back 🤣
👉 Some altcoins split 4, split 5, split 20-30 times, and if it's unlucky, they might get delisted 😁
👉 Remember why we came here. To make money, to profit, right? But wanting to get rich quickly in the market touches on the concept of greed. The essence of human nature is not machine-like, so no matter how disciplined one is, the market can be chaotic, leading to resentment, especially when dealing with leveraged markets beyond control.
👉 Almost all of us want to succeed, to be wealthy, to get rich quickly because some people have the philosophy that we must succeed faster than our parents age, it sounds good but remember that everything has two sides, getting rich quickly can lead to downfall just as fast, if there is no solid foundation, having willpower can lead to many more failures.
👉 It's worth the effort to study. Learn from the best and most successful people. Let's talk a bit about finance in the investment sector; it is definitely risky. When you are young, you should only invest 5-10% of your total income, and you should not go all in and lose your identity. True billionaire investors rarely use excessive leverage because they know it is a double-edged sword. For example: Cz, yihe, #MicroStrategy", President of El Salvador, American congressmen, or even the genius tycoon #WarrenBuffett also hold stocks long-term regardless of market volatility. I believe that out of 100 people trading futures, 98 will experience lifetime negative PNL. Even with good techniques and being skilled, their minds are always tense, and the body continuously regulates dopamine, which can lead to severe addiction. In stark contrast to an investor, whose mind is very relaxed, statistics show that 95% of investors lose money. Why is that?
👉 Understand and view things objectively from the perspective of developers, also known as the project development team. Why do they issue tokens? To raise capital, of course! And the most important thing is liquidity. Creating a token is not difficult, but achieving liquidity is a whole different issue. To list on a reputable exchange like Binance, it costs a lot in terms of marketing, setup teams, partner funding, percentages for project owners, and the exchange itself... Creating a token project is not much different from building an apartment project, where the goal is liquidity. So what is information for? To achieve liquidity. Altcoins are the same; they are created for liquidity. In this market, very few projects can grow like a real business. When you understand this, you will understand how the market operates.
👉 To be honest with you, out of 100 futures trades, 92 of mine are short positions and I short the peaks of altcoins.
😂. Tip: Pay close attention to projects; usually they will promote within 1 day, at most 3 days? ... And pay attention to negative funding, you will know which ratio to enter is appropriate.