The operations of the 1 billion big gambler James at the beginning were correct. He invested 99,000 to bet on Bitcoin breaking new highs, but since he wanted to go short, all his operations turned out to be distorted and reckless, going crazy with his actions. His highest profit of 90 million USD went up in smoke.
However, he definitely has off-market funds; he dares to bring in a few million dollars to play like this, and he must have ten times that amount, tens of millions of dollars, outside. There's no need to worry about him. I also have a personality that often gets carried away, leading to a series of irrational and reckless operations.
To prevent myself from getting carried away and losing everything like before, I make sure to withdraw my significant earnings each time and spread them across different places. I'm not pursuing to earn tens of millions within this circle or dreaming of making billions of dollars.
There are plenty of long-term high-dividend stocks in the US, A-share, and Hong Kong stock markets. For us, cryptocurrency traders, if we achieve significant results and retreat to buy high-dividend stocks to maintain long-term cash flow, it's extremely important to ensure that we still have a stable and prosperous life even after losing everything in the crypto world or when market dividends fade away. Not falling into poverty, not leaving the table, and not going into debt.
Strive to control your greed; a small gain is better than a complete loss. If you really can't control it, just continue cashing out.
