Hello everyone, I'm Little Meow.
In recent years, we’ve seen countless people achieve financial freedom through crypto, but more have been harvested round after round. Do you often wonder:
Why can he make a billion while you can't even get your principal back?
We've been in the crypto space for eight years, witnessing the rise of billionaires and understanding why 90% end up as 'sacrifices.'
Today's article won't have any fancy tricks, just sharing 3 truths. If you understand them, I can't guarantee you'll get rich, but at least you can avoid 90% of the detours.
1. Do you really understand 'spot trading'?
The essence of making money in spot trading is just two words: hold on.
Don't laugh, it's really that simple.
Many people think they were cut by the market, but in reality, they cut themselves. The fluctuations in between are unrealized gains and losses; only when you sell does it settle.
I've seen too many examples of people getting scared out of Bitcoin during a dip, only to watch it multiply tenfold years later; while those who 'stayed put for a few years' became lucky ones with millions.
Thus, the most profitable in the crypto space isn't the technical experts, but the 'laid-back faction.' Only those who can hold are the real winners.
2. Can enjoying it really make money quickly?
It's possible. But you must first understand one fact: enjoying it is a zero-sum game; every penny you earn is a penny someone else loses.
This means most people are cannon fodder, especially those impulsive traders and frequent stop-loss newbies — every time they stop-loss, it almost hits the 'market maker's' target.
If you look closely at the candlestick chart, every 'false breakout' or 'false breakdown' is actually controlled by capital.
For example, I previously warned that Bitcoin's breakdown was a false signal, a trap for shorting, and many didn't believe it. What happened? After the breakdown, it skyrocketed, those who chased it were liquidated, and in the end, only the market makers won.
So, those who truly enjoy it don't rely on luck but operate against human nature.
Enjoying it is not wrong; the mistake is treating it like a 'lottery.'
3. The 'most mindless' method is actually the most effective.
Do you know how those big shots play?
They don't chase trends or follow candlestick charts every day. They rely on one indicator: the greed and fear index.
Enter during extreme fear and exit during extreme greed.
Does it sound too simple? Yet, less than 10% can truly achieve it. Because human nature can't be controlled — you hesitate to buy when it dips but are greedy and reluctant to sell when it rises.
But as long as you can do this, no matter if you are a master or not, you can steadily roll the snowball.
This is the real secret behind seeing others 'not doing much but their assets keep growing.'
In conclusion: Don't rush to get rich, first be friends with time.
Trading cryptocurrencies isn't about who has the sharpest eye, but rather who has the steadiest mindset and holds the longest.
Wealth isn't chased; it's waited for. Many people focus their attention on techniques but overlook the most critical: patience and human nature.
Don't rush, slow is fast.
I'm Little Meow, slowly becoming rich with you.
That's the end of the article! If you're confused in the crypto space, consider planning and harvesting with me!
