CRYPTO IS ZERO SUM FOR ONE MAN'S GAIN IS ANOTHER MAN'S LOSS.




In Crypto, there is a fixed amount of capital.

Everyone in Crypto is competing for the same sum of capital.

If you make $10 profit, and you take the profit, you took $10 that someone else put in.

You’ve essentially stolen that person’s money.

If you lose money, you essentially had your money stolen by someone else.

This is why it is absolutely crucial to recognise that one day, you will need to sell, or someone else will take your profits for you.

Because:

3. For every buyer there is a seller
SO WHY IS THIS IMPORTANT TO YOU?

Put it simply, every one in crypto is here to make money but dont be naive not everyone makes money in crypto. Why?

Because the majority of people follow the crowd, if you are to make money in crypto you have to act contrary to the crowd sentiments. Let me give you an example, as we stand BTC surged all the way to 81K, everyone is feeling bullish right? But what few can suspect is the fact that there will always be a retracement after a surge. Which means a wise investor has to be taking partial profits. i have learnt this the harshest way. Let me give you an example. Lets say you had $100 in your portfolio and after the surge it increased by 30% . It would be sane of you to partially sell off the $30 and reclaim that profit. I will tell you why.

See, if you dont take that 30% profit, guess what, BTC will always retrace down and your Crypto portfolio will be once again to $100. Now isnt that a loss. AM telling you this because it happend to me when BTC first reached 71K if i were wise i would have taken partial profit becuase it will always retrace down. I remain yours crytpto Dragon!