After spending 8 hours organizing 10 truths about trading for everyone, although each statement hits hard, is somewhat painful, and a bit sarcastic, good medicine tastes bitter, and it will definitely help you.
1️⃣ New traders are often greedier, while seasoned traders are often more fearful.
New traders entering the cryptocurrency market find everything fresh and have boundless aspirations for trading before they begin. More aggressive newcomers even view the market as a gold mine, believing that personal aspirations and financial freedom are easily achievable, with no risk awareness, only wanting to make quick and big profits. If they encounter beginner's luck and earn some money, they become overly ambitious. Ignorance breeds fearlessness, so I have always believed that losing money upon entering the market is a good thing, as risk awareness becomes ingrained in your bones. Conversely, if one enters the market and makes a profit, it is not a blessing from above; it may open a door to greed, leading to an endless abyss behind it.