In any investment market, not just the cryptocurrency market, but also the stock market, entrepreneurship, etc., only a very small number of people can make money, and 90% of people face failure and loss of money.

When entering any investment market, we must first understand this point clearly, otherwise you will always be a leek in the cryptocurrency circle, dreaming of getting rich every day, but in fact you can only lose a lot of money.

Think about it, if it is an objective law that most people cannot survive a bear market, there are only a very few people who can survive a bear market. The former can only lose money, while the latter can only make money.

Of course, many people cannot survive the bear market not because they do not have the correct understanding, but because they are restricted by their personal actual situation and have to make the choice of cutting losses. For example, many people who enter the cryptocurrency circle do not actually have their own spare money, but borrow money. When they make money, they will be very happy because they make money without paying anything, and think that this is making money for nothing.

However, the cryptocurrency market rarely rises, and most of the time it goes sideways or falls. Once it falls, those who invest through borrowing will definitely not be able to bear it.

Any borrowing has a cost. It can be said that as long as you borrow money to invest in the cryptocurrency circle, you lose from the beginning because the ups and downs of the cryptocurrency circle are too drastic.

You can make a lot of money when the market goes up, but you will go bankrupt when the market goes down.

Therefore, borrowing and investing in the cryptocurrency world is a taboo. Please remember that if you want to be one of the few people who make money in the cryptocurrency world, the first thing you need to do is to survive and get through the bear market.

There are only a few rich people in this world, only a few successful entrepreneurs, and only a few making money in the stock and cryptocurrency circles. These people have very different characteristics from most people. They are patient, dare to buy at the bottom, adhere to long-termism, and embrace value...

Is it difficult to survive the bear market in the cryptocurrency world? Is it difficult to be one of the few people who make money? Not at all. It can even be said to be very simple.

But the greed and fear engraved in human genes make a very simple thing very difficult. Because of fear, people will sell their stocks when the market falls to the bottom. Because of greed, people are reluctant to lock in profits when the market is at a high level. Because of greed, people think that the market is only a short-term correction when it starts to fall...

Remember, if most people can't survive the bear market and don't make money, then our opportunity to make money will come.

On the contrary, if most people are enthusiastic and make money every day, then it is time for us to leave the market at a high level. #feedfeverchallenge