99% of people in the cryptocurrency world can't make money? Revealing the three major pitfalls and teaching you the secrets to turn things around!
Why is it that 99% of people in the cryptocurrency world can't make money? The truth is here, it's all because of these three big traps!
First Trap: Emotions at Play
Did you know? Once a person is controlled by emotions, they can easily take a big hit in the cryptocurrency world. For example, when seeing the price drop, one can panic, fearing greater losses, even starting to doubt life. If they lose money, they can’t even sleep well at night, regretting it deeply, feeling they shouldn't have gotten involved. If they happen to make a little profit, they feel like investment geniuses, getting carried away, thinking they can get rich immediately. These emotions are like fog, obscuring the truth. In fact, price fluctuations are normal; short-term volatility doesn't mean much. However, we tend to overthink, exaggerating losses and taking profits as our own skill, ultimately getting led astray by our emotions.
Second Trap: Only Looking at the Surface
Many people in the cryptocurrency world focus solely on superficial things, like price fluctuations and various rumors online. These may seem lively but are actually useless. The market is like a shadow play; if you only look at the shadows on the screen, how would you know what's happening behind the scenes? To make money, one can't just follow the price; one needs to understand the bigger picture, otherwise, it’s all in vain, wasting both time and money.
Third Trap: Environment Leading Astray
The cryptocurrency world can truly be a place where one can lose themselves. It amplifies greed, anger, fear, ignorance, and arrogance. Many people enter the cryptocurrency world and become just like those around them: solely focused on making big bucks, completely disregarding risk. After buying coins, they hope for a spike every day, without caring about basic logic or fundamentals. They continuously expect others to provide free answers, unwilling to even spend time learning. These thoughts are all led astray by the environment. In reality, whether in the cryptocurrency world or the real world, to succeed, one must invest time, energy, and effort into learning and accumulating knowledge. One cannot always think of taking shortcuts; that’s unrealistic.
As a seasoned cryptocurrency investor, I, Tu Fei, share my experiences and insights. Interested in the cryptocurrency world but don’t know where to start? Follow me and check my profile, and I will guide you to achieve freedom in this bull market.