Why so many people trading cryptocurrencies are not making money

I summarize their reasons for losing money in one sentence: the root of their losses is a problem with their worldview.

Because they do not have a pragmatic mindset and do not respect the fundamental laws of the development of things.

In their eyes, the laws of development are like this: making money should be quick, only in this way can one get rich quickly. Aren't those wealthy people just stepping on opportunities to rise? Life must seize a few opportunities to get rich quickly. They want to make a lot of money immediately in a short time.

In my view, the laws of development are like this: it all relies on slow accumulation, accumulating to a certain amount, then suddenly producing a qualitative change, then quickly making money, and then it falls back down, returning to a stable period, even a loss period.

The bull and bear cycles in the cryptocurrency world conform to the laws of development; constant investment during a bear market is like sowing seeds, then the bull market may only last about 5% of the time. It arrives suddenly, briefly and swiftly, and then you start to reap. Many people see you suddenly becoming wealthy. In fact, you earned this profit after several years of sowing. But how could they understand what you sacrificed? When you succeed, they will only say you have good insight and good luck.

Isn't it incredible? So, for those still losing money, wake up, and come back to reality. Work hard to make money outside, then buy, buy, buy, and stock up; that is the only way for you to make money in a bull market.

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