Remember that trading is not gambling
Most people generally need to go through three bull markets to make a profit.
The first bull market
Dreaming of getting rich overnight, always thinking of making a year's worth of earnings in one day with high leverage.
Always feeling that money is earned too slowly, tasting the sweetness a few times with good luck, and then losing everything in one go.
Those with poor self-discipline may not only fail to make money in this bull market but may also incur heavy debts, falling into a gambler's mindset.
The second bull market
Having experienced the pain of being liquidated in the first round, many people often find it difficult to seize the opportunity in the second bull market, fearing to enter and not daring to hold long-term.
They may make a small profit but ultimately can only helplessly watch as the cryptocurrency continuously breaks new highs.
The third bull market
With the experience of two previous failures, if at this time you are not defeated and summarize trading rules, strictly control leverage, and hold long-term at low levels.
And during this time participate in stable financial management.
You will find that your assets can steadily increase, and you will dare to allocate more assets to cryptocurrency investments.
Trading involves risks, and investment should be cautious.
