Why are most people in the cryptocurrency circle not suitable for contracts?
1. Insufficient cognition.
Only mindlessly thinking about getting rich and going all-in.
Or thinking about getting in and out quickly and making a little money every day.
But people with these ideas will only lose everything in the end.
2. Insufficient technology
I won't say much about this. Many people may say that technical indicators are useless. But whether you can really use them or not is two different concepts. People who don't understand technology are just gambling. Go long or short, each with a 50% winning rate.
3. Bad mentality
After opening an order, I always want to watch the market, wishing I could work 30 hours a day.
I want to stop loss when it drops a little, but I don't dare to think about it. I can only resist it mindlessly, and finally hold it until it explodes.
I can't hold it when it rises a little, and I only think about what to do if it vomits back and what to do if I lose money? Just no patience
4. Insufficient execution
Open orders randomly if the technical indicators are not met;
Close positions if the stop-profit and stop-loss points are not met, and you will only lose more and earn less in the end
5. Wrong strategy
Don't think of getting rich overnight when opening contracts,
Don't think of quick in and quick out strategies
Instead, you should do a good job of trend orders, be optimistic about the general trend,
divide the funds into 2-3 parts, and place orders with large positions.
Do a good job of stop-profit and stop-loss
Uninstall the software.
Friends who are currently confused and have no direction in ordering can follow me, leave a comment 1, and help you get rich
