Making money in the crypto world: not making small profits, not losing big money. How can you make money in the crypto world? There is a very important principle in trading: not making small profits, not losing big money. These eight simple words are actually very difficult to achieve. For example: you opened a position with 20,000, and right after that, it rose to 21,000. You were very happy and took profit, making 5%, feeling great. Then the market kept rising to 25,000... You made 5%, but missed out on 50%; then you told yourself to make big money, this time you definitely wouldn’t take profit. Then the market dropped back to 20,000, so you opened another position, and it rose back to 21,000. You told yourself to learn from the last lesson and hold on to make big money, but then the market dropped back to 20,000 and even fell to 19,500, and you stopped loss. It’s so difficult for me! Many people spend their whole lives in this dilemma, unable to escape. Is there a way to make money regardless of big or minor trends? No, it’s a choice. I generally choose not to make small profits and wait patiently. Trading is a long-lasting practice, whether you are trading short-term or long-term. In a major trend, making 200% is possible as long as you can maintain most of the profits and make another 200% next time you encounter a big opportunity, that’s 4 times... As long as you can keep the profits, you can compound interest. If you make 200% this time and then lose it all back, what’s the use? In the trading market, there’s no such thing as missing out; there are only losses and gains. Some people might feel they've found the right path and think they are about to get rich. Finding the path only means your probability of making money has increased. In fact, this kind of operation requires high demands on mentality, patience, and courage: 1. Are you willing to patiently wait for the right position? 2. Can you boldly enter a position without caring about the principal, even if you lose it all? The anxiety of missing out, the urgency of wanting to lock in profits after gaining, the worry of losing after opening a position... It takes a long time to cultivate these. If you want to play, you need to be cautious while also trying to profit. Of course, finding the path is still much better than randomly playing around; many people go their whole lives without ever finding the right path.



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AJadevip
· 06-26 13:04
Reasonable gives you a thumbs up
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