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The hardest thing for a person to do is to persist. Even when the answer in your heart is very clear, and you repeatedly remind yourself to persevere, in the end, you are destined to give up!
The biggest problem in the market can be summed up in four words.
"You can't hold on to it"
A long bearish candle in a bull market, with sharp declines and slow recoveries, is a hallmark term.
It is normal for altcoins to occasionally spike around 30%.
Making money in the crypto world relies on great wisdom.
In the cryptocurrency circle, losing money often comes from being too clever.
Holding on will steadily make money.
Some people want to engage in short-term trading and play with contracts.
The result is not to chase the rise and kill the fall, but to miss out.
I was liquidated while playing with contracts.
It's so easy to make money.
Why are 90% of people in the crypto space losing money?
Because they are too greedy
Want to get the lowest chips at the highest peak
Or you want to capture the gains from every short-term fluctuation and gather them all.
Little do we know, neither you nor I are gods, little do we know, the dealer is a thousand times smarter than us!
Ordinary people cannot overcome their greed.
All the flaws in human nature will be magnified a hundredfold in this circle.
To know
We retail investors are always just the biggest fools in this market.
Using methods that even a fool can make money to trade cryptocurrencies.
In this circle with the highest profits
The chances of success will be higher.
So next, just get rid of the contracts and focus on spot trading, whether it's for short-term or long-term, what suits you best is what matters.
Making money in a bull market is easy.
The key is strategy
Track Selection
How to participate with small capital
How to play with large funds
How to play Shanzhai,
In a true bull market, making money as a retail investor requires a long-term mindset and long-term operations.
Many people make a lot of money at the beginning and middle of a bull market, but in the later stages, they become too greedy and end up losing everything.
Mindset, rhythm, and strategy are more important.
To put it bluntly, buying a stupid coin can pump the price, as long as you can hold on to it, it's just a matter of how much it goes up or down.
Strategy and mindset come first.
I often joke that if you don't have the psychological resilience to withstand a 70% drop in value within three days, you shouldn't invest in cryptocurrencies.
Such people cannot see Ordi/Atom at that time, do not believe in the DA module blockchain, will never see a Bull Market, and do not believe in any MEME.
If they had been around when BTC was launched, they would have preferred hot pizza over BTC. In their hearts, they do not believe in any possibility of making money in the medium to long term.
In their eyes, there is only cutting and being cut, only short-term speculation, only taking profits when they see them. I say this, and many people will feel hurt; let them feel hurt. The bull market has come, and there is no time for hurt; only confusion remains.
Calm down, we are long-term players. Yesterday Bitcoin plummeted, and there were all sorts of voices in other groups saying it will go to 50,000, that it will crash, and so on. These are very restless behaviors. In our community, there are no such voices. Why?
Everyone here is like-minded, and the pullbacks in a bull market are not risks for us, but opportunities. You must understand this principle. Several friends have asked me how to analyze trends, and after I explained this principle to them, they felt at ease. Those who needed to buy more did so, and those who needed to sleep went to sleep, instead of nervously staring at the market.
In a bull market, it's important to operate less and maintain a good mindset. Let me share my mindset with you: if the price goes up, I should be happy, right? This means my decision has been validated. If the price goes down, I should also be happy. Why? Because I can get a better price for my chips.
I'm glad that the friends in the group can have this consensus.
I believe they are the kind of people who can make a lot of money; it's a mindset and awareness for making big profits.
If you can't hold on and feel uncomfortable at the first pullback, panicking and cutting losses, then you may need an environment, a group of people with the same consensus together, to go further and hold on longer.