Reflect on this: Why do you keep losing money in cryptocurrency trading?

Many people who have just entered the market often lack patience. Whenever they lose one or two points, or even several percentage points, they are eager to sell their coins, and then buy other coins, but they lose money again, and they still don't know how to control their emotions. In this way, the losses gradually accumulate, and eventually the funds are exhausted. Cryptocurrency trading requires patience. You must understand that market fluctuations are normal, and impatience and frequent operations will only accelerate losses. Just like Buffett only makes 20% every year, why are we in a hurry for success?

Confidence and awe in the cryptocurrency circle

You must maintain confidence when entering the cryptocurrency circle, but you also need awe. Many people lack enough awe for the cryptocurrency circle. When operating, they do not understand the strategies of the dealers, nor do they understand the various technical indicators of the market. They blindly follow the trend or do what others say. Without a full understanding and preparation of the market, how can you make a profit in this complex market? This is the so-called "lack of awe"-if you are not fully prepared, you will easily participate in it, and you will inevitably lose money in the end.