I have lost more than 20 million in less than a week of cryptocurrency trading. What should I do?
There are many lucky things in life.
When something lucky happens, many people will post it and let everyone know.
Then people misunderstand the truth of this world and think that luck is universal.
But what I want to say is that difficulties are eternal and surround you throughout your life at all times.
Adversity is like gravity, always pulling everyone down.
Let everyone become ordinary in the end.
Your loss of more than 20 million is just one of the unfortunate events.
As for cryptocurrency trading, I have experienced it for so many years, and the majority of people lose money, while only a very few make money.
If you don’t understand the rules and haven’t improved your cognition, then you’d better not play.
Although this playground can help ordinary people turn their lives around, it actually ruins the vast majority of greedy people.
It also allows ordinary people to prove that they are just ordinary people.
To survive in the cryptocurrency world, you need to understand what game you are playing. This is a test of human nature.
No one can tell lies because money is the most real thing. Once you are not sincere to yourself, you will inevitably lose money.
Some people deceive themselves without knowing it, relying on a few K-lines, news, and things recommended by others.
If you desire to achieve wealth advancement, that is undoubtedly a foolish dream.
The cryptocurrency world is a game about human nature. If you don’t have a thorough understanding of human nature, no matter how much you learn or understand, it will be in vain.
In my opinion, the cryptocurrency world needs to make money.
The first factor is mentality. A good mentality is the key to making money in this market.
The position can affect the mentality, the ability to make money off-market can affect the mentality, and the circle can affect the mentality.
I saw many people with light in their eyes when they first rushed in, but a few months later, their eyes were full of smoke.
Second, it is the truth about human nature.
You must learn to restrain your greed and desires, don't think about eating from beginning to end, and don't have unrealistic ideas of buying at the bottom and selling at the top.
I just need to make my share of the profits, and pass on the rest of the wealth to others, giving it away generously.
All the pie we have will eventually be given to others. What does it matter if the altcoins are given to others?
Greed will eventually kill you. Learn to restrain yourself and sell when the price is rising.
When the market falls sharply, others may panic, but you should not panic. The root of not panicking comes from position management.
If you believe what people in the market say about getting rich overnight by playing all in, then you are just cannon fodder in their eyes.
Third, study hard and improve your cognition.
Cognition is the summary of the laws of things, and the summary comes from one's own experience and the experience of others.
Standing on other people's shoulders can help you fly faster. If you get to know more people and be more friendly to others, you will have more opportunities.
There is cognitive gap only when there is cognition, and cognitive gap is the fundamental thing to make money.
A good attitude is more important than controlling human nature and more important than cognition.
Leave the rest to time. With these, you will eventually get the opportunity.
Okay, I’m your cousin, and I want to follow my cousin to ambush the next one who will earn a hundred times the coin.
