Why do you lose money when holding cryptocurrencies, but can't seem to hold onto profits?

You need to understand that trading is counterintuitive; you have to do the opposite to make money. Understand?

Many people only show patience and the ability to 'sit still' when holding positions that go against the trend (losing money), and of course, they pay a high price for this. In fact, they should make a decisive move, cut their losses, and immediately close losing positions to limit loss amounts.

If the trend is really your friend, why are you trading against it? Let's think: trading against the trend is like facing an oncoming train that's accelerating! So the next time you're considering establishing a position, or if you already have a position and don't know whether to close it or add to it, try to think from a practical life perspective: following the trend = your friend;

Against the trend = facing an oncoming train that's accelerating! What will you choose?

What is a trading expert? It is someone who can find relatively certain, graspable opportunities from seemingly uncertain and random market fluctuations. They know when the probability of a successful trade is highest, when the risk-reward relationship is most favorable for speculators, when speculators should retreat and wait, and so on.

The most important thing in trading is knowing what kind of market situations can yield big profits, what kind can only yield small profits, and what kind will only result in small losses. These elements seem simple, but many people haven't figured them out; otherwise, they wouldn't be recklessly trading every day. When you clearly understand your profit and loss boundaries through practice and go through several rounds, you'll realize that trading is just like that—you can do very little, and more often than not, it's about patiently waiting.