Is it really profitable to speculate in cryptocurrencies? Why are there so many people who choose to enter the crypto circle?

Because most people have no channels to make money and want to turn over a new leaf.

This is an era of extremely uneven resource distribution and an extremely unfair era. A very small number of people have gained huge wealth through power and resources. Most ordinary people can only struggle at the bottom, trying not to fall, and still want to cross classes, but they have no channels.

The crypto circle gives ordinary people a thought and a hope. Although the probability of success is very small, people will flock to it with hope.

It took me nearly two years to really make my first pot of gold in the crypto circle. I came into contact with contract trading in the crypto circle in 2018. At that time, I was fearless. I lost more than 800,000 in half a year with 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 doing this at 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 the whole person depressed.

In the following year or so, I continued to make profits and losses, but I became more and more familiar with the trend of Ethereum, and slowly formed my own sense of the market and trading rhythm. Maybe it was good luck. In the 20-year bull market, with the surge in Ethereum, my trading system has become more mature, the intraday swing trading points have become more accurate, and the control of emotions has also improved significantly. This year, in addition to making up for the previous losses, I also earned an additional 800,000 U. Until now, my trading strategy is to trade with 30,000 U, withdraw the currency when it doubles, and continue to charge and trade after the liquidation. This is also a way of capital risk control. In terms of operation, only do intraday, resolutely not overnight, resolutely not resist orders, avoid encountering super large market conditions, and directly get excited.

After 20 years of full-time trading, I have more insights into this market. It is really a year in the world of currency circle. There are long and short rotations in the market. As long as there are fluctuations and certain swings are made, it doesn't matter whether it is long or short, you can make money. So sometimes you should try to avoid your subjective judgment to interfere with the objective trend of the market, because there are too many subjective judgments. Once the market goes against the trend, it is easy to carry orders, so how the market goes, just trade with the trend.There are actually infinite opportunities in the market. As long as you try to avoid making repeated mistakes, such as holding orders against the trend or holding heavy positions against the trend, you can keep your principal and make money in the market.

Contracts are a test field for human nature. Sometimes, after multiple consecutive losses, it is easy to get carried away or hold orders against the trend. These are mistakes made because of human nature.

Trading is often anti-human. 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 you are doing well, and don't belittle yourself when you are doing badly.

When you understand that you are speculating, you must also understand that holding positions and trading are two different things. If trading is a verb, an action, then it is often done intentionally and frequently. When you can better understand what trading is, your speculation level will be more flexible, and you are likely to make money in a volatile market.

The last and most important point is that you must know that it is not easy to survive speculation in this market, and your killer is your own trading rhythm, which can protect your speculation foundation-principal. Just like playing basketball, when you feel the touch, you can almost always score a goal. When your trading rhythm improves, you can make money in almost every transaction. It's the same reason.

It's been four years in the cryptocurrency circle. Now the trading is still there, and there is a surplus, but my mood has changed. I don't care about many things, and I love life more and enjoy the ordinary.

Finally, I wish you can have fewer shackles on the road of trading, and make money all the way. You are also welcome to communicate with Zhuye. I write articles more to find some people with the same frequency to move forward together. The road of trading is very lonely, and it is a very happy thing to have someone to accompany and communicate. I hope you can take fewer detours on the road to getting rich. #比特币减半 #WIF #sui $SOL $BTC