Why do 95% of cryptocurrency traders lose money in the end? In the final analysis, this is not a game of luck, but a comprehensive game of psychology, technology and the market. If you don't know where you lost, you will definitely find the answer after reading the following points.

First of all, the fundamental reason why most people lose money is greed! In the bull market, they chase high prices, thinking of "soaring into the sky", but they don't know that the trend has peaked; in the bear market, they buy at the bottom, fantasizing about the "lowest point", but they are beaten to the ground by waves of waterfalls. The market is ruthless, and it specifically picks on those leeks who can't see the situation clearly and love to follow the trend.

Secondly, they don't understand risk management. Many people go ALL IN at the beginning, fantasizing about getting rich overnight, but they are cut in half as soon as they fall. What's worse is that they still hold on to the decline, and they get deeper and deeper; they are soft-handed when the price rises, and they get out of the game casually, watching the price continue to soar and regret it. Losing money is never the fault of the market, but a problem of mentality.

Then there is the information gap. In this market, 95% of the information is noise, and the news that really makes money will be out of date by the time you hear it! Those who shout "belief" and "increase position" in the group are either trying to set the pace or the dealer is trying to get you to take over.

The last point is to rely on intuition without strategy. Cryptocurrency trading is a long-distance race, not a sprint. Blind operation, winning the bet is called "good luck", and losing the bet is the real lesson. Those who finally make money have experienced cruel stop-profit and stop-loss and countless calm decisions.

So, why do most people lose money? Because the currency circle does not make money from technology, but from other people's money. Wake up, brother, don't be one of the 95%!