Why is the cryptocurrency circle so addictive and hard to quit?

Because of human nature and gambling, most people cannot distinguish between gambling and speculation in their lifetime. They gamble all their lives in a muddle and end up with nothing.

The most important thing is that you should know that this is a purely speculative market. Without investment,

any money-making project is the 28th law?, 2% of people make money, 8% of people make no money or lose money, and 90% of people lose money. So it doesn't matter whether you share it or not. What's important is that you can't do it, you have no experience, no ability, and you lose money. Instead, you say that the sharer is cutting non-vegetables. This is really not worth the loss. How many people have gone bankrupt in the three years of the epidemic? I will only talk about my own experience, which can be used as a reference. I don't recommend blind imitation. Remember that there are risks in doing anything. Ordinary people must speculate if they want to make quick money, and speculation often has high risks and is easy to make people bankrupt. This seems to be a paradox, but it is actually a way for ordinary people to make money.

And digital currency contract trading is a tool for the redistribution of wealth, and it is a thorough financial speculation market. You have to remember that this is a completely speculative market. There is no investment, and speculation tests human nature. Speculation is a life-or-death struggle. If you get too excited, you will die faster. Those who lose everything are unwilling to admit defeat, have a strong addiction, and force orders. In the end, they are blown up again and again and go to despair. However, this is also a market that creates miracles. Profits of hundreds or thousands of times make people's adrenaline soar. Once you experience this pleasure, it is difficult to quit. Therefore, trading speculation must have its own trading system and trading rhythm. At the same time, emotional stability is very important. Only when you are not happy with things and not sad with yourself can you walk long-term. So it doesn’t matter what currency you buy, what matters is when to buy and when to sell. You must think clearly about this.

I started to do contracts in 2018, and I lost more than 80 BTC one after another. I made all the mistakes I should have made, including heavy positions, overnight, and single orders. This is a market that eats people, and it is also a market that creates miracles. Along the way, the bitter tears are hard to describe.

It took me nearly two years to really make my first pot of gold in the cryptocurrency world. I started trading cryptocurrency contracts in 2018. I was fearless at the time. I lost more than 800,000 yuan in half a year by relying on my own strength. I was still working at the time. Although most of it was my own savings, I didn't dare to let my family know because they didn't understand and support me from the beginning.I think the most uncomfortable thing is not the amount of money lost, but the feeling of loss, the negative emotions under long-term pressure, and the whole person is depressed.

In the next more than a year, I continued to make profits and losses, but I became more and more familiar with the trend of Ethereum, and slowly formed my own trading sense and trading rhythm. Perhaps due to good luck, in the 20-year bull market, with the skyrocketing ether, my trading system has become increasingly mature, my intraday swing trading points have become more accurate, and my emotional control has also improved significantly. This year, in addition to making back the previous losses, I also earned an additional 800,000 U. Until now, my trading strategy has been to trade with 30,000 U, withdraw the currency when it doubles, and continue depositing and trading after taking a break to adjust. This is also a way of capital risk control. In terms of operation, we only trade within the day, never overnight, never resist orders, avoid encountering extremely large market prices, and go directly to the top.

After 20 years of full-time trading, I have gained more insights into this market. It really means that one day in this world takes one year. The market rotates between long and short. As long as there are fluctuations and you stick to a certain band, you can make money regardless of whether you are long or short. Therefore, you must sometimes try to avoid intervening in the objective trend of the market with your own subjective judgment, because there are too many subjective judgments, and once the market moves, On the contrary, it is easy to hold orders, so just trade with the trend no matter how the market goes. There are actually unlimited opportunities in the market. As long as you try to avoid making repeated mistakes, such as taking orders against the trend or taking heavy positions against the trend, you can protect your principal. You will definitely be able to make profits in the market.

In trading, don't be afraid of big fluctuations, because big fluctuations can create trend opportunities; don't be afraid of small fluctuations, because small fluctuations can be accommodated by trends. The most fearful thing is that emotions keep changing with market fluctuations, and then just go against all the rhythms for a period of time, which will hurt money and make you sad.

Contract trading “is the proving ground of human nature. Sometimes after multiple consecutive losses, it is easy to take a heavy position or go against the trend. These are mistakes made due to human nature.

Trading is often anti-human, and full-time trading requires overcoming more pain, incomprehension, and loneliness. Also, don’t deny yourself, slowly find your own trading rhythm, don’t be too whimsical when things go well, and don’t belittle yourself when things go poorly.

It has been six years since I started my career in the cryptocurrency industry. I am still trading and making a profit, but my mindset has changed. I have become less concerned about many things and love life more. I enjoy the simple life.

Finally, I wish you a prosperous life and a smooth journey.

If you still want to know more, please join my circle and discuss with me. There are not many people in the circle, so you are welcome to join! Search Weixin: H13938241637 or send me a private message in the background~