Why do people incur losses in the cryptocurrency space?

In this life, we are never defeated by what we don't know, but rather by what we know yet fail to do. You know a lot of things, such as smoking is harmful to health, working hard can get you promoted, and studying hard can lead to high scores. The key is that you know so much, yet nothing changes.

You know how to lose weight scientifically; your friends can tell you that. It's not that you don't know, just like in the crypto space, you actually know how to make a profit. You surely resonate with the methods shared by Ming, but you just can't execute them.

How many years does it take to go from knowing to doing? My answer is at least 10 years. I knew 10 years ago that my method could earn money, but it took me 10 years to actually implement it. Only hitting the wall is the best teacher; it's not about preaching. If there hadn’t been a liquidation, if I hadn’t lost everything overnight, I definitely wouldn’t be able to do it now.

In this life, we are not defeated by ignorance, but by knowing yet not doing. Since you know the big trend is to rise, what are you still struggling with? For people like us who are bullish, just holding for 3 or 5 years is enough. The key is, I’ve told you, does it help? I’ve even stated the direction of the position: Bitcoin, Ethereum, and other mainstream coins...

The point is, you know, you definitely know that Bitcoin and Ethereum will rise. When Bitcoin was at $15,000, you surely believed it would double to $30,000. You know that you can't make a profit in the crypto space; it has never been that you don't believe or don't know...

The point is, you know so much yet end up with nothing. In a bull market, being able to achieve 5 times profit is already top-notch. In fact, just holding Bitcoin can cash out. However, when you truly hold Bitcoin and see altcoins flying every day, how do you stay true to your original intention?

You married a very beautiful wife who is also very virtuous, yet you still can't resist the temptation of beautiful women outside. Human nature is the core reason we can't make profits in the crypto space! Ming’s trading system ensures profit, just like a weight-loss plan; you also know that if executed, you will definitely lose weight.

In fact, everyone knows that we are never defeated by ignorance. It’s just that you know, yet you can’t earn profits from what you know, and that is the root cause.