Playing event contracts still cannot get too high. A beginner made 100u on the first day and thought they were skilled. The next day, they lost everything because of reckless short selling, thinking they could gamble correctly. Later on, they reflected and adjusted their strategy, increasing from 300 to 900 in two days, constantly reminding themselves to stay humble and vigilant.
Why do I repeatedly emphasize staying away from short-term trading?
Teaching people to trade short-term is equivalent to endangering their financial well-being! This statement is not exaggerated at all.
The brain is plastic and easily forms fixed thinking patterns. Once short-term thinking takes hold, long-term thinking is abandoned, focusing only on immediate, trivial gains, fluctuations up and down, making a little today and losing a little tomorrow. Often, the gains are small while the losses are large, and at the end of the year, it amounts to nothing. Encountering a black swan event could wipe everything out, leading to poor sleep and eating habits, neglecting work and family, and turning into a walking corpse, ruled by desires, fixated on the numbers in front of them, becoming a slave to money.
As the saying goes, "Those involved are confused, while bystanders see clearly." Short-term investors are like fish in an aquarium, while the frogs at the bottom of a well can only see the sky the size of the well opening, and the big players are like the people beside the aquarium.
So in a bull market, you only need to do two things: buy at relatively low points and sell at high targets, capturing all the gains within this range. At other times, eat, sleep, and live normally. It seems simple, but how many can actually do it?
However, when you can do this, that’s when you start making money. You need to understand that making money is to improve life, not to make life worse. If trading crypto affects your normal life, then please stay away from this market!
Without the right mindset, don’t talk about trading.
Everyone knows that holding Bitcoin can definitely make money, so why do those who trade short-term ultimately fail to beat those who hold long-term?
The same goes for the stock market; 90% of short-term investors do not outperform the market index.
All K-line analysts are endangering financial well-being, and everyone who trades short-term has a gambler's mindset. If you want to make money in this market, the first step is to overcome short-term thinking!