Did you think making money from trading cryptocurrencies relies on K-lines, news, and luck?
Naive!
The only people who truly survive and make big money in this market are one type:
Those who have been ground into the dirt by the market, lost so much they wanted to jump off a building, and finally gritted their teeth and climbed back up.
1. If you haven't been liquidated, you're always a rookie.
If you’ve never been liquidated, you don’t really understand what 'pain' means.
If you haven't experienced going from making 1 million to losing it all, you'll never understand what 'despair' means.
The market won't reason with you; it only teaches you how to be a person in the harshest way:
Lose 50% of 1 million, leaving you with 500,000, but to get back to break-even, you need to make 100%!
Climbing from the 1st floor to the 100th takes 1 hour, but jumping from the 100th floor only takes 30 seconds.
Remember:
Your capital is your life; whoever touches your capital, you cut them off!
Even if you’ve doubled your money 100 times, one time going to zero means you’re completely out.
2. Why are most people just fodder?
Because they can't control themselves at all!
They can spend 3 days comparing prices for a pair of shoes but only take 3 seconds to decide on buying cryptocurrencies!
The pain of losing 1,000 is 10 times stronger than the joy of making 1,000!
Frequent trading can eat up 140% of your capital in fees over a year! (Don't believe it? Do the math yourself!)
What do truly ruthless people do?
Think ahead:
How much do I want to make in this wave?
How much do I have to cut my losses?
How much do I have to withdraw first when I make a profit?
Never go all-in: Buy in batches, only add to your position when profitable, and always leave an escape route.
Be patient for opportunities: The crypto world is a place where 'you don’t open shop for three years, but when you do, you eat for three years'; making random moves equals looking for death!
3. Top-level thinking: What you want is not small money, but a change in destiny!
If you’re trading cryptocurrencies with 10,000 and lose sleep over daily fluctuations of a few hundred—get out while you can; you're not suited for this game!
What do real big shots think?
Their goal is 10 million; they don’t care about fluctuations of 1 million at all!
When a trend comes, hold on tight; when there’s no trend, better sleep than make random moves!
Trading is against human nature; you have to endure more than 99% of people!
The market won't eliminate those with poor skills; it will only eliminate those with a broken mindset.
Do you want to be the fodder who 'totally exits after liquidation,' or the winner who 'can rise again after losing everything'?
