A little advice for those who want to get back their investment or make money through contracts!!!
So many people who lose money still stay in the cryptocurrency circle just to get back their investment, but there is a cruel fact that most people can't get back their investment or make money
Especially those who want to get back their investment through contracts are wishful thinking. Those who make money through contracts in the market are rare and few. Don't want to fantasize about why you are not that person. To be honest, you are really not that material to get back your investment through contracts
No matter how much you lose, it's the same. Even if you lose everything, you can't get back your investment through contracts. Therefore, I advise those who want to get back their investment through contracts to quit contracts, in other words, quit gambling.
What should spot players do if they lose money?
First of all, if the loss is not much, and the principal is relatively large, that is, if the principal and loss are equal, then it is relatively simple and easy to recover the principal, or it is possible to recover the principal within 5 times, but the most important point is the buying point and the selling point. If you are stuck at a high position, it will be difficult. Most people can make money when the bull market starts, or when the bull market is in the main uptrend. The reason for losing money is that they don’t know how to ship. After shipping, in the main distribution (shipping) stage, they repeatedly enter the market and are harvested at high positions. Therefore, for retail investors, it is very important to sell at what position, but selling is not the most important.
The most important thing is that after selling, you can insist on waiting in an empty position. This is something that most people can’t do, and it should be something that 95% of retail players can’t do, which is the root cause of most people losing money. If you can sell at a relatively high point, you will not be affected by analysts in the market after selling, nor will you be affected by various good news at high positions. You insist on going to an empty position, that is, you can really make money.
To sum up
People who lose money
1. It is better to get back the investment within five times
2. You must know how to sell
3. You must know how to short
Of course, the same is true for spot players. Less than 5% of retail investors make money, because the trading market is a fight against human nature, greed, fear, arrogance, and very few people can overcome it.
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