Why can't most people make money in the cryptocurrency circle?
1. Some traders have a weak foundation, narrow knowledge, and inadequate cognition. They can only look at the market, follow the crowd, chase ups and downs, and stop losses back and forth.
2. Many investors have been playing in the cryptocurrency circle for many years without real progress, because they have not found the real reason for making money and losing money.
3. Most people in the cryptocurrency circle are blindly guessing, and making money is just accidental. Only very few people have the correct logic.
4. Don't be impulsive or aggressive, because impulsiveness and aggressiveness can easily lead to losses. Most people who lose money in the cryptocurrency circle have wrong concepts and methods, and don't know how to change.
5. Why is it difficult for people who lose money to change the state of losing money, because you must have the ability and method to see the results ahead clearly before you can really change. Staying in your own way and not being able to get out is the inertia of all animals in the world. It is difficult to get out of the first step.
6. Most people do not have the ability to distinguish between true and false, and learn whatever they see.
7. When investing, some people don't understand it themselves, so they go to learn, and after listening to the concepts and methods of many teachers (KOL), they find that they don't understand it even more. Most people don’t have the ability to distinguish between the real and the fake, and they just learn whatever they see.
8. If you make contracts based on news without investigating and verifying, you can’t hold the orders firmly and it’s easy to lose money.
9. If you don’t understand economics when investing, you will often suffer big losses when major turning points come.
10. Some people suffer big losses when they lose in the macro trend, and they don’t think they can turn the tide. If you don’t work hard to study the correct supply and demand analysis methods and macro directions, and always repeat the wrong methods, you can’t get out.
11. In fact, there are many strategies in the currency circle, and you need to find the right one for you. For example, I first judge the macro trend, then find the support level to buy, and sell at the pressure level. I don’t care about short-term losses. The key is to judge whether the trend exists, to ensure that my principal survives and looks for opportunities.
As an investor who has been working in the currency circle for many years, I am willing to share my experience and insights with you. If you are interested in the cryptocurrency world but don’t know where to start, you might as well follow my homepage and discuss the mysteries of the cryptocurrency world and future possibilities with me
