In the cryptocurrency world, those who make big money are all tempered. Because the bull market will not last forever, but will be accompanied by a plunge from time to time. However, except for the main force, no one can accurately predict the short-term pullback every time.

If you choose to cut your losses when you encounter a pullback, you will never be able to cut them all. And shorting your position in advance will miss the opportunity. If you want to make a profit, you must be patient. Only by withstanding the test of time can you stand out in this field, otherwise you can only leave the market sadly.

Since you are unwilling to bear the pullback and want to make huge profits in the cryptocurrency market, the two are obviously contradictory. For example, if you buy the right coin and it rises 10 times, but you only invest $10,000, then you will only make $100,000; but if you invest $500,000, you will make $5 million.

Suppose you just bought a coin and the price immediately plummeted 50%, then went sideways for three months, and finally soared 100 times. It is very likely that you have chosen to cut your losses and leave during the 50% price plunge and sideways period.

If you cannot wait for the final harvest, unless you have a deep understanding of the project and believe that its value will return, you are a firm holder.

Therefore, to gain freedom in this field, you need three steps: choose the right currency, invest in a large position, and be able to hold it firmly.