Why do you always lose money in stocks and cryptocurrencies? 90% of people fail in this area!
To put it simply, it's because of greed and lack of self-control. Do you think trading is like fortune-telling? Do you have to catch every rise and fall to be satisfied? Wake up, the ones who truly make money are the ones who only eat from their own bowl.
Anyone can establish trading rules, right? The difficult part is executing them like a robot!
Too many people forget the rules and rush in when they see a surge, and after losing twice while following the rules, they start to doubt their life. Occasionally making money by acting randomly leads them to believe the rules are garbage!
Here's a truth for you: if the market doesn’t liquidate you a few times, and you don’t lose to the point of pain, you’ll never learn to be honest. I suggest you look in the mirror every day and recite this; if you act randomly again, cut off your own hands and engrave discipline into your DNA.
The ultimate secret to making money boils down to one word: endure! Even the best strategies can lead to consecutive losses, and at that point, it’s about who can be more stubborn. Just like Bitcoin right now, the candlestick chart clearly shows a double top pattern; 110,500 dollars is about the peak, and it's highly likely to drop below 100,000 next.
But how many people can resist the urge to bottom fish? How many can keep their hands calm?
The market never owes money to those who follow the rules, as long as you can hold on until the payday!