80% of newcomers want to make money by trading cryptocurrencies, and they have to go through three cycles:
The first cycle is about experiencing it, making small profits and big losses, or whatever they earn, they end up losing.
The second cycle is about solidifying their beliefs, making small profits, encountering new things, summarizing lessons, and forming their own rhythm!!!!
The third cycle is where they can change their fate, combining strategy + timing + discipline, plus a bit of luck, perhaps they can earn a significant amount of wealth.
Those who can achieve great success and retire after the first cycle are truly rare; more often than not, the capital is lost, and they don't make it to the other side. It’s already impressive to be able to stay in the game.
In any case, during an upward cycle, everything seems great.
During a downward cycle, everything seems terrible.
Therefore, when information is overwhelming, it's crucial to avoid arrogance and impatience; the more one wants to operate, the more they lose. It's important to cultivate a good mindset, good discernment, and focus on the task at hand!
