Any money-making project follows the 80/20 rule: 2% of people make money, 8% of people make no money or lose money, and 90% of people lose money. So it is not important whether you share or not. What is important is that if you share with someone you don’t know how to do it, have no experience or ability, and still lose money, then you will be accused of cutting leeks. This is really not worth the loss.
How many people have gone bankrupt in the three years since the pandemic? I will only talk about my own experience, which can be used as a reference. I do not recommend blind imitation. Remember that there are risks in doing anything. Ordinary people must speculate if they want to make quick money, and speculation often involves high risks and can easily lead to bankruptcy. This may seem like a paradox, but it is actually a life-or-death way for ordinary people to make money.
The digital currency contract trading is a tool for the redistribution of wealth, and it is a thorough financial speculation market. You have to remember that this is a thorough speculative market. There is no investment, and speculation is more of a test of human nature. Speculation is a life-or-death struggle, and if you get too excited, you will die faster. Those who lose everything are unwilling to admit defeat, have a strong gambling nature, and hold on to orders, and finally blow up their positions again and again and go into despair. However, this is also a market that creates miracles. Profits of a hundred times or a thousand times make people's adrenaline soar. Once you experience this pleasure, it is difficult to quit. Therefore, trading speculation must have its own trading system and trading rhythm. At the same time, emotional stability is very important. Only by not being happy with things and not being sad with yourself can you go long-term. So it is not important what currency to buy, but when to buy and when to sell. You must think clearly about this.
I started trading contracts in 2018, and I lost more than 80 BTC in succession. I made all the mistakes I should have made, including heavy positions, overnight positions, and carrying orders. This is a market that eats people, but it is also a market that creates miracles. It is hard to describe the bitterness and tears along the way.
It took me nearly two years to really make my first pot of gold in the cryptocurrency circle. I started trading cryptocurrency contracts in 2018. I was fearless at the time. I lost more than 800,000 yuan in half a year by relying on my own strength. I was still working at that time. Although most of it was my own savings, I didn’t dare to let my family know because they didn’t understand and support me from the beginning. I think the most uncomfortable thing is not how much money I lost, but the feeling of loss. The negative emotions under long-term pressure make me depressed.
In the next more than a year, I continued to make profits and losses, but I became more and more familiar with the trend of Ethereum, and slowly formed my own trading sense and trading rhythm. Perhaps due to good luck, in the 20-year bull market, with the skyrocketing ether, my trading system has become increasingly mature, my intraday swing trading points have become more precise, and my emotional control has also improved significantly. This year, in addition to making back the previous losses, I also earned an additional 800,000 U. Until now, my trading strategy has been to trade with 30,000 U, withdraw the currency when it doubles, and continue to recharge and trade after taking a break to adjust. This is also a way of capital risk control. In terms of operation, only trade within the day, never overnight, never resist orders, avoid encountering extremely large market prices, and go directly to the top.
After 20 years of full-time trading, I have a better understanding of this market. It is really a year in the world. The market rotates between long and short positions. As long as there is volatility and a certain band is made, you can make money regardless of whether you are long or short. So sometimes you should try to avoid interfering with the objective trend of the market with your subjective judgment, because there are too many subjective judgments. Once the market goes against the trend, it is easy to carry the order. So no matter how the market goes, just trade with the trend. In fact, there are infinite opportunities in the market. As long as you try to avoid repeating mistakes, such as carrying orders against the trend and holding heavy positions against the trend, you can keep your principal and make profits in the market.
In trading, we are not afraid of big fluctuations, because big fluctuations can generate trend opportunities; we are not afraid of small fluctuations, because small fluctuations can be accommodated by trends. What we are most afraid of is that our emotions keep changing with market fluctuations, and then we just step against all the rhythms for a period of time, which will hurt both money and heart.
Contract trading is a testing ground for human nature. Sometimes after multiple consecutive losses, it is easy to get carried away and take a heavy position or hold orders against the trend. These are mistakes made due to human nature.
Trading is often anti-human, and full-time trading requires overcoming more pain, misunderstanding, and loneliness. Also, don't deny yourself, slowly find your own trading rhythm, don't be whimsical when things go well, and don't belittle yourself when things go badly.
I have been in the cryptocurrency circle for four years. I am still trading and making a profit, but my mood has changed. I have become less concerned about many things and love life more and enjoy a simple life.
Finally, I wish you a lot of money. You are also welcome to exchange your thoughts and share your experiences on the homepage. #Meme #WIF #sui $BTC $SOL
