Many newbies don’t understand that the two fastest ways to lose money are playing with second-level contracts and going against the earth dog.
Many newcomers will think that making money through contracts is very simple when they see teacher xx earning dozens of times the leverage every day. But I can tell you responsibly that no one can make money by frequent high-multiple contracts. High-frequency operations affect your mentality. If your mentality is not good, it is easy to get cheated. If you are stuck, it is easy to get into trouble. Reduce the frequency of operations. Only by maintaining a good mentality and waiting for the right opportunity to make a move can you ensure your winning rate in the transaction.
Don’t just look at Pepe’s tens of thousands of myths. Nearly 1,000 tokens were released on Ethereum, 24 hours after the proxy market went online:
- 96.4% of tokens fell by 50% or rug after listing
- 2.8% up 100%
- 0.8% up 1000%
If you blindly charge the native dog, your probability of making money is only 3%. Losing money against the Earth Dog is a high probability.
Trading requires self-awareness and knowing when to take action and when to rest.
Many newcomers will think that making money through contracts is very simple when they see teacher xx earning dozens of times the leverage every day. But I can tell you responsibly that no one can make money by frequent high-multiple contracts. High-frequency operations affect your mentality. If your mentality is not good, it is easy to get cheated. If you are stuck, it is easy to get into trouble. Reduce the frequency of operations. Only by maintaining a good mentality and waiting for the right opportunity to make a move can you ensure your winning rate in the transaction.
Don’t just look at Pepe’s tens of thousands of myths. Nearly 1,000 tokens were released on Ethereum, 24 hours after the proxy market went online:
- 96.4% of tokens fell by 50% or rug after listing
- 2.8% up 100%
- 0.8% up 1000%
If you blindly charge the native dog, your probability of making money is only 3%. Losing money against the Earth Dog is a high probability.
Trading requires self-awareness and knowing when to take action and when to rest.