The Ten Realms of Cryptocurrency Trading: Which Level Are You At?
Level 1: Just entering the crypto market, full of ambition and passion! Dreaming of making a big move with 1000 U.
Level 2: Obsessed with buying and selling every day.
Level 3: Slowly realizing that making money is not that easy, losses outweigh gains, and the words of big influencers are not that useful. So, you start learning to analyze news, but later find out it's all a trap, and begin to doubt value investing.
Level 4: Evolving from a newbie to a retail investor, starting to analyze coins and study technical indicators. Gradually able to make small profits, but most of the time it's losses; short and long trades intertwine, and operations become chaotic. The more you understand, the less money you have, and you start to doubt yourself.
Level 5: New retail investors become seasoned ones, starting to have their own understanding of the market but simultaneously falling into new confusion. It's easy to jump to conclusions about how to operate, where to go wrong, and your mindset gradually collapses.
Level 6: Through continuous practical experience, you develop your own trading model, able to make more profits and lose less, gradually controlling your mindset.
Level 7: No longer looking at any technical indicators, starting to observe "momentum," rhythm, and emotions, gradually exploring your own "way."
Level 8: Having your own unique trading model, strict discipline, holding coins without emotional fluctuations, able to enter and exit freely.
Level 9: No longer obsessed with the crypto market, treating the crypto space as a stable profit investment area, enjoying narratives and philosophy. At this point, you understand that investing is the principle of life!
Level 10: Nothing, it is everything