Remember that trading is not gambling Most people generally need to go through 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 luck is good, experiencing a few sweet moments before everything blows up. Those with poor self-discipline may not only fail to make money in this bull market but may also end up with heavy debts, thus falling into a gambler's mindset.
In the second bull market, having experienced the pain of the first round of cutting losses and liquidation, many people often find it difficult to seize the opportunity in the second round of the bull market, not daring to enter or hold long-term. They may earn a small wave but ultimately helplessly watch as the coin continuously breaks new highs.
In the third bull market, with the experience of the previous two failures, if at this point you have not been knocked down and have summarized trading rules, strictly controlled leverage, and held long-term at low positions. Additionally, participating in stable financial management during this time. You will find that your assets can steadily increase, and you will dare to allocate more assets to cryptocurrency investment.
Trading has risks; investment requires caution.
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