Every investor who has entered the cryptocurrency circle has experienced heavy losses, painful liquidation, and the blow of profits vanishing in an instant during their trading journey. However, the only warriors who can truly ride the wind and waves in the ocean of cryptocurrency speculation and finally achieve wealth freedom are those who have experienced bankruptcy, learned lessons from it, and cultivated a strong mentality.

How can investors who have never experienced liquidation and major losses deeply understand the importance of stop loss? How can people who have never fallen from the peak of profit to the valley of loss experience the drastic change of mentality, as if falling from heaven to hell?

Fund management determines success or failure

In the world of investment, every success can only make you take a small step forward, but a failure may make you take a big step back. This kind of regression will seriously hinder your accumulation of funds. You must know that the accumulation of funds requires time to settle and the grasp of opportunities.

Human nature is always difficult to resist such temptations and blows: the pain of losing a large sum of money is far greater than the happiness of getting the same amount of money. Imagine that a 50% loss of 1 million yuan in funds leaves only 500,000 yuan; and to increase the value of this 500,000 yuan to 1 million yuan again, a 100% rate of return is required. It's like it takes a long time to walk from the bottom floor of the Empire State Building to the top floor, but it only takes a few tens of seconds to jump from the top floor.

In the market, you can't control the market trend, but you can control your behavior and mentality. Don't worry too much about how the market will change, but focus on how you will respond to these changes. Judging right or wrong is not the most important thing. What matters is how much profit you can make when you are right and how much loss you can bear when you are wrong.

In the market, I often see many people bargaining with merchants for a few dollars of goods for a long time, or shopping until they are exhausted; but when it comes to investment decisions, they often act rashly and make decisions within a few minutes. This is definitely not the attitude that a person who is ready to make a big splash in the investment market should have. If you want to make a lot of money in the market, you must guard your investment account as carefully as you guard your life. For details, please follow the official account of Chili Sister. Share for free and win together! #币安合约锦标赛 #BTC☀