A friend made over 20 million dollars by trading Bitcoin and feels psychologically unbalanced. How to adjust?
The cryptocurrency world is indeed a place full of uncertainties. Some people may make a fortune trading coins and see themselves becoming rich overnight, but don't forget that among 10 people in the crypto space, 8 are losing and exiting.
Don't ask why; the lucky ones are in the minority, and most people haven't been able to reap the benefits. So, never follow the crowd carelessly and put yourself at risk. The profits you see now may just be their fleeting luck, while true long-term success often comes from thoughtful consideration, patience, and reasonable risk management.
Stay calm and don't be impulsive due to momentary temptation; a steady approach is the key to long-term success. Silently wish good luck to those fortunate ones while also setting more realistic goals for yourself.