Remember that trading is not gambling

Most people generally need to experience three bull markets to be profitable.

In the first bull market, dreaming of getting rich overnight, always thinking about using high leverage to earn what others earn in a year in just one day. Always feeling that making money is slow, and if lucky, tasting a few sweet rewards before everything crashes down. Those with poor self-discipline may not only fail to make money in this bull market but may also incur heavy debts, thus falling into a gambler's mindset.

In the second bull market, after experiencing the pain of cutting losses and liquidation in the first round, many find it difficult to seize the opportunities of the second bull market, fearing to get in and not daring to hold long-term. They may make a small profit but ultimately helplessly watch as the coin continues to break new highs.

In the third bull market, with the experience of the previous two failures, if at this time you have not been defeated and have summarized trading rules, strictly controlled leverage, and held long-term at lower levels. Additionally, participating in stable financial management during this period. You will find that your assets can steadily rise, and you will also dare to allocate more assets for cryptocurrency investment.

Trading involves risks; investment requires caution.