In the crypto world, surviving comes first before you can talk about making money
There is a saying in the crypto world: "In the crypto world, you must survive first before you can talk about making money." What seems like a joking remark is, in fact, a lesson learned through the blood and tears of countless individuals who exchanged their hard-earned money for this wisdom. Why is 'surviving' so important in the crypto world? Let’s analyze it in depth.
The crypto world is not a casino, but a brutal battlefield
The volatility in the crypto market far exceeds that of traditional financial markets, with fluctuations that often leave people astonished. Today, you might see a surge of 30%, and tomorrow, a drop of 50% could occur; it’s not uncommon for assets to be halved overnight.
The pace here is extremely fast, and the risks are incredibly high, with an astonishing rate of elimination. Many enter the market with the fantasy of "doubling their investment and walking away," but fail to realize that they are not trading; they are engaging in a life-and-death gamble.
Out of ten newcomers, often nine cannot survive the first round of decline. 'Surviving' means not being ruthlessly liquidated by the market, not letting emotions dictate decisions, and becoming one of the few who survive the waves of ups and downs.
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