In the cryptocurrency world, can you make money?
It’s actually easy to see! Just look at the people around you in trading groups, and you will discover which 'rank' they belong to:
Ordinary people: Emotional trading, staring at the market all day.
These people can get excited discussing a 1% or 2% fluctuation for half a day, calling it a 'surge' or 'plunge'. They watch the candlestick charts all day, afraid to miss any slight movement, and even argue endlessly due to differing opinions. They are more led by emotions in trading and can easily make impulsive decisions under emotional pressure.
Experts: Have strategies but still affected by fluctuations.
When the market fluctuates by 10%-20%, their emotional swings become significantly more intense, and anxiety or euphoria can easily be seen! Their expressions and tones can reveal the changes in the market, hesitating whether to increase their positions or sell. Regardless of the plans they made earlier, once the fluctuations exceed expectations, they find it hard to stick to their original strategies.
Top experts: Calm and composed, know how to restrain themselves.
Top experts usually remain calm as if nothing happened after picking up stocks from the bottom. Even if the market crashes, they remain as calm as still water; if it doubles, they just smile lightly. They control how often they watch the market; the less they watch, the smaller the emotional fluctuations. True top players are those who see through human weaknesses and understand how to combat their own inner fears and greed.
What is the secret to success in the cryptocurrency world?
Learn to fight against human weaknesses! Those who stare at the market all day, led by emotions, find it hard to make rational decisions. Remember: emotions are dynamic; excited when the market rises, panicked when it falls. If you are dominated by emotions, you will never escape the cycle of 'buy high, sell low'.
True experts remain calm during a bull market surge,
and have firm beliefs during a bear market crash. They
have strategies, have goals, and can eliminate external distractions to stick to their plans. Such people are the true winners in the cryptocurrency world.
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