From Profit to Loss: The Painful Lessons of the Cryptocurrency Market
A few days ago, I made a bold decision and invested a portion of my savings into cryptocurrency. At first, wow, it was thrilling, and I actually made a small profit. But before long, the sure thing slipped away, and everything I earned was given back. Upon reflection, I realized the issues lie in these points:
1. If you only have a superficial understanding of something, you might make a little money at first, but in the long run, you will definitely give it back. If you're lucky, it might just be a wasted effort; if you're unlucky, you could lose everything. Don't always think about making big money, or you might end up losing your initial investment.
2. Patience is really important when trading.
3. There must be rules; don't rush in just because you're afraid of missing out (FOMO). You need to stay calm and wait for the right moment to take action.