99% of people in the crypto world don't make money? Uncover the three major traps and learn the secrets to turning things around!
Why do 99% of people in the crypto world fail to make money? The truth is here, and it's all because of these three big traps!
First big trap: Emotional turmoil
Did you know? Once people are controlled by emotions, they easily stumble in the crypto world. For example, when they see the price of a coin drop, they panic, fearing they will lose even more, and even start to doubt life itself. If they lose money, they can't even sleep well at night, regretting it terribly, feeling they shouldn't have meddled. If they happen to make a little profit, they think they are investment geniuses, getting carried away, believing they can become wealthy immediately. These emotions act like a fog, obscuring the truth. In reality, price fluctuations are normal; short-term volatility doesn't mean anything. However, we tend to overthink, exaggerating our losses and attributing profits to our own skills, ultimately being led astray by our emotions.
Second big trap: Only looking at the surface
Many people in the crypto world focus solely on superficial things, like the rise and fall of coin prices and various rumors online. These may seem lively, but they are of no real use. The market is like a shadow play; if you only watch the shadows on the curtain, how will you know what the people behind the scenes are doing? To make money, you can't just follow the price; you need to understand the bigger picture, otherwise, it's all in vain, and you'll waste money.
Third big trap: Environment bias
The crypto world is truly a place where one can easily lose oneself. It amplifies greed, anger, fear, ignorance, and arrogance. Many people enter the crypto world and become just like those around them: fixated on making big money without considering the risks. After buying coins, they hope for a sudden surge every day, without caring about basic logic and fundamentals. They constantly expect others to provide free answers, unwilling to spend even a moment learning. These thoughts are all a result of being misled by the environment. In reality, whether in the crypto world or the real world, success requires dedicating time, energy, and thought to learning and accumulating knowledge. One cannot always think of taking shortcuts; that is unrealistic.
Preemptively investing in promising coins, like + comment, keep up with my rhythm, and make a fortune in this bull market!