Only a few can achieve it; most people become cannon fodder.
Humans are not naturally suited for trading because of inherent greed, gambling nature, unwillingness to lose, eagerness for quick success, and a psychological expectation for overnight wealth. As long as you continue to participate, most people will exit with losses; this is an inevitable phenomenon.
Those who can turn their fortunes around through trading cryptocurrencies are not ordinary people. It requires focus, the ability to learn, execution, and a strong understanding of trading to succeed. As the saying goes, character determines fate; investment character determines investment fate! However, making money in crypto is relatively easier than other paths. The silliest thing in the world is when someone can endure decades of unhappiness but refuses to spend a year changing themselves.
Similar advice, I bet someone told you during the college entrance examination: Work a bit harder for the next two years, and the next few decades won't be too difficult.
Trading is like this: if you put in a bit more effort, work hard for two years, perhaps you won't have to work hard for the next few decades.
Even if you only make a few million, you should know that working, even with a monthly salary of over 10,000, would take decades to earn a few million. Trading earns you net income, while working deducts a bunch of miscellaneous expenses.
If you are not a rich second generation or a powerful second generation, there aren't many paths to make big money. Starting a business has a low success rate; most importantly, the bigger you grow in business, the less freedom you have. Every day when you open your eyes, there are a bunch of employees waiting for you to be responsible for them.
For ordinary people, trading is already the easiest path.
Compared to other ways to make big money, such as starting a business, trading truly has the lowest barriers and is the easiest and most relaxed way to succeed.
I used to do Taobao. I spent at least 18 hours a day staring at my phone and computer, with no days off. Hearing the notification sound made me mentally exhausted.
I sell expensive, large items. Not many people have scammed me. I have a friend who sells items for only ten or dozens of dollars and encounters all kinds of idiots trying to extort him, like refusing to return items, deliberately damaging them and claiming they were damaged upon receipt... Extorting through negative reviews... Regardless of gender, it's very hard to find a job for those around 35-40 entering society; only money can provide you with enough sense of security. I'm sharing these realities just to encourage everyone to study hard and earn more money.
Trading is the easiest path for an ordinary person to earn 10,000. Other pursuits have high personal requirements; read more, experience more, then think. If you persist, there will come a moment when you will have an epiphany, and after that, the path will be much easier.
When you have little money and simultaneously recognize many wealthy people, those influencers, those real trades—everyone can see them. As long as you know enough people, you will find that there are always people making money, while you can't earn, which makes you feel uncomfortable and anxious.
Following these people is actually of no use and will make you extremely uncomfortable, anxious, or jealous, leading to a darkening of your heart.
All roads in the financial market lead to Rome. You need to clarify your own path in this circle and walk your own path. When you don’t know which way to go, seeing someone profit from arbitrage makes you want to do arbitrage too. Seeing someone profit from shorting makes you want to short too... Without your own path, you'll always be swaying on various paths, unable to delve deeply, and it's unlikely you'll make money.
Many people don't make big money in crypto because they start with a lot of courage and then begin to lose. The more they lose, the more timid they become, and at this point, it's basically hopeless. Don't even think about making big money; making any money becomes very difficult.
You can't be afraid of trading. If you're afraid, you're basically done for. If you want to open a position but are afraid of losing, then you won't open it. Without opening, how can you make money?
It's like pursuing a girl; you need to be bold, thick-skinned, and daring to try. So what if you get rejected? Just summarize your experience and continue pursuing another.
Trading is the same. If you feel there is an opportunity, just open a position to try. If you're wrong, cut your losses; if you're right, hold on. It's that simple. Think about how many opportunities in life you've missed because you were afraid.
Many people are learning various techniques, drawing charts, indicators, or news... But none of these are the core of trading.
The essence of trading is two points:
1. Mindset: A good mindset, not getting frustrated by losses, and not being overly joyful about gains. Simply put, don't treat money as money.
2. Big profits and small losses. When losing, lose a little money; when making money, make a lot of money.
The core of trading is just these two points. As long as you can achieve these two points, you can make money.
If you think K-lines are important, remember that in Livermore's era, there were no monitors, not even K-lines. Prices were reported via telegraph and written on blackboards. How did he make money? Of course, if you want to make a lot of money, you also need a bit of courage.
Don't strive in the wrong direction.
Opportunities arise, assets double! Follow Cheng Ge closely and easily make big money.
Continuously follow: SPK, FIDA
