Do you know why most of the people lose money in crypto market? let me explain
It is due to Lack of Spending Time to understand this market. People consider crypto as a gambling or pump-dump scheme. But it is a skill that should be learned properly.
if you want to succeed in any field, you have to follow 80/20 principle. this principle states that one should spend most of the time in understanding the process before practically getting into the task/work. This will increase your chances of success in a very short time.
The same is applicable on cryptocurrency. If you don't spend most of the time in understanding the dynamics of this market, you will end up losing your hard-earned money.
And most of the people ignore this principle that is why they end up losing all their money.
Many people consider acquiring knowledge of this market as a secondary thing and directly start taking trades. The end result of this is obviously bankruptcy!!!
Allocating time to acquire the knowledge of cryptocurrency is more important than any other field because a slight mistake here can take you to a place of no return.
Do not consider my words as a warning my friend instead these are cautions that you should follow to prevent yourself from a fiasco.
So,
if you want to break the chains of mediocrity and want to get the success that a few people achieved in this industry, you should start learning the basic dynamics (technicals, fundamentals, and psychology)
