What kind of people can make money in the crypto world?
In the crypto world, whether one can make money is actually quite easy to see! Just look at the people around you in trading groups, and you'll discover what 'level' they are at:
Ordinary people: Emotional trading, staring at the market all day. This type of person can get excited discussing a 1% or 2% fluctuation for half a day, calling it a 'surge' or 'crash'. ~ They watch the candlestick charts all day, afraid to miss any slight movement, and even argue endlessly due to differing opinions. They make trades more driven by emotions, easily making impulsive decisions under emotional stress.
Experts: Have strategies but are still affected by fluctuations.
When the market fluctuates by 10%-20%, their emotional volatility becomes significantly heightened, and feelings of anxiety or euphoria easily manifest! Their expressions and tone can reveal the changes in the market, hesitating between increasing their positions or selling off. Regardless of what plan they made in advance, once the fluctuations exceed their expectations, it becomes difficult for them to stick to their original strategy.
Top experts: Calm and composed, know how to restrain themselves.
Top experts usually remain calm as if nothing happened after buying at the bottom. Even if the market crashes and halves, they remain as calm as still water; if it doubles, they simply smile lightly. They control how often they watch the market; the less they watch, the smaller their emotional fluctuations. The true top players are those who see through the weaknesses of human nature and understand how to balance their inner fears and greed.
What is the secret to success in the crypto world?
Learn to fight against the weaknesses of human nature! People who stare at the market all day, led by their emotions, find it very 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 and sell low'.
True experts remain calm during major bull markets,
and maintain firm beliefs during major bear markets. They
have strategies, have goals, and can eliminate external distractions, sticking to their plans. Such people are the true winners in the crypto world!
