What you think about the crypto world:
Just throw in a few tens of thousands, and after ten years, you’ll become a millionaire. Even if you hold three coins that have increased a hundredfold, you resolutely refuse to sell.
The reality of the crypto world:
Situation one, the ten thousand you threw in, the next day you look, oh no, it’s only five thousand left. That night, you can forget about sleeping soundly. Every time you wake up in the middle of the night, you have to check the market on the exchange. You’re thinking whether to cut losses and sell when it goes back up. A month passes, it rises to nine thousand, and you think if you sell now, won’t that be for nothing? So you persist, telling yourself to have faith. And then, your coin slowly declines, continually dropping. After finally enduring for half a year to a year, your coin fluctuates between one thousand to six thousand, and your unwillingness is slowly worn down. In the end, when the coin value hits six thousand, you can’t wait to cut your losses.
Situation two, you pull out ten thousand, and after a few months of ups and downs, it turns into twelve thousand. You decisively take action, thinking there are even lower chips waiting for you, full of confidence. But then, it once rose to fifteen thousand and even twenty thousand, and you fear missing out, so you buy more. But your cost has already doubled, and then, the price directly drops to six thousand.
So, the first step in playing in the crypto world is to learn to accept losses. What I’m saying here might not be useful, but I still have to say it, only after you’ve truly lost will you understand.
In the crypto world, if you don’t have a good circle, and you lack first-hand news from the crypto world, then I suggest you follow me, find me, and I’ll help you get on board without any cost. Welcome to join the team!!!