In the cryptocurrency space, if you want to truly achieve financial freedom and compound interest, the methods, techniques, and forming your own profit system are crucial!
Once you learn to master it, the cryptocurrency space will be like your "ATM"; making money will be as easy as breathing!
After more than 8 years of trading cryptocurrencies, my journey to wealth is summarized as follows:
The first ten million took the longest time and was the most painful; the trading system was continuously reshaped and refined, taking one and a half years.
The second ten million took three months.
The third ten million only took 40 days.
The fourth ten million only took 5 days.
75% of the funds were earned within six months.
Let’s first talk about those who have made money:
First of all, it definitely isn’t contract players. None of the contract players I know are making money, even if they made money at some stage, the final result is still a loss. In fact, the main essence of contracts is gambling, making money through probability. Of course, this is somewhat more probable than betting on high or low, but it is basically about the same. Those who make money from contracts are generally those who run contract community trading; they have long realized that contracts cannot make money, so they go to do community trading, where old investors cut new investors.
Here’s some advice for those looking to recover losses or make money through contracts: So many people who have lost money are still in the cryptocurrency space to recover their losses, but there’s a harsh reality—most people cannot recover their losses and cannot make money, especially those who want to recover losses through contracts; they are even more delusional. Those who make money through contracts in the market are rare, very few. Don’t fantasize about why you are not that person; to be honest, if you want to recover losses through contracts, you are really not cut out for it. No matter how much you lose, it doesn’t matter; even if you go bankrupt, you cannot recover losses through contracts. Therefore, I advise those who want to recover losses through contracts to quit contracts; in other words, quit gambling.
What should spot traders do if they are losing money?
First of all, if you haven't lost much and your principal is still relatively high, meaning that your principal and losses are balanced, then recovering losses is relatively simple and easy. In other words, if you need to multiply by less than five times to recover your losses, it is possible. But the most important point is the entry and exit points. If you are stuck at a high position, it will be difficult. Most people can make money when the bull market starts, or during the main upward wave of the bull market; losing money comes from not understanding how to unload. After unloading, during the main force's distribution phase, repeatedly entering high positions leads to being harvested. Therefore, for retail investors, knowing when to sell is very important, but selling itself is not the most important thing.
The most important thing is that after selling, you can persist in waiting with a short position, which most people cannot do; it should be that 95% of retail players cannot do this, and this is fundamentally where most people lose money. If you can sell at a relatively high point, and after selling you are not influenced by analysts in the market or by various positive news at high positions, persisting in holding a short position is truly cashing in, and that is how you can really make a profit. #web3 #加密市场反弹
