Thoughtful question: Why do 95% of players in the currency circle end up suffering losses?
Hear the heartfelt words of this veteran cryptocurrency player who used Texas Hold'em as his battleground and struggled for years to finally gain financial freedom. He pointed out bluntly:
In the currency circle, a sea full of opportunities and challenges, there are only a few warriors who can truly ride the wind and waves and achieve financial freedom. But this is the charm of cryptocurrency. It charts a seemingly clear path to wealth—that is, hoarding coins and allocating assets wisely. However, although mainstream currencies such as Bitcoin serve as beacons to guide the way, there are also many hidden dangers and traps along the way.
Driven by greed, many players do not hesitate to operate with full positions, and use tools such as leverage, futures, and contracts, which inadvertently magnifies risks; or they lack patience, hesitate when the market is low, miss good opportunities, and instead impulsively raise funds when it is high. Increase positions; even if you are lucky enough to make a profit, you are often driven by greed and do not know how to take profits at the right time. In the end, you lose your way in the changing market, and the tragedy of selling low and buying high is frequently staged.
What's more, blindly pursue short-term profiteering storms such as Musk's promotion of Dogecoin, investing funds in worthless junk coins; or encounter sudden disasters such as fraud, hacker attacks, exchange closures, and account freezes. What's more, if the private key is lost due to management negligence, years of hard work and accumulation will be instantly wiped out.
These temptations and traps are like demons on the road. A slight letdown will cause people to deviate from the right track of sound investment. Once they go astray, it will be an abyss from which it is difficult to turn back.
If you are curious about the currency circle, but feel confused? Then let us explore those currencies that have the potential to grow hundreds of times, and jointly uncover the mystery of the future of the currency circle. For more exciting content, please click on my avatar to start your journey of exploring the currency circle!
