Men cannot survive in the cryptocurrency world and in life without being ruthless. In life, there are too many things that waste your energy. You need to go to work during the day and take care of your children at night. Your parents may get sick from time to time. If you do all these things, how can you have the time and energy to speculate in cryptocurrency? Do you think you can make money by just buying and entering the market? Abandon all the things that affect your energy, be ruthless, and make up for it after you succeed.
To put it bluntly, in real business, you can't make money by dealing with people. In the financial market, which is a cannibalistic industry, if you don't have some skills, you can only become a background board of the times.
When you are optimistic about several coins, you should look at the market value. Be prepared for a 90% drop in the market value of large-cap coins. Assuming that the coin you hold is really a good coin, it will soar after the bull market. Covering the position to reduce costs and holding it is your only chance to succeed. You don't need to buy too many altcoins. It's really true to catch a few altcoins. Catching two 5 times is 25 times. If you still can't stand the torture of life and time, no matter how you earn it by luck, the dealer will have 100 ways to make you lose it all.
The initial capital accumulation is the most important, which is your trial and error cost. Adults face social and family pressures. Many people, after losing all their money, will only be given one or two opportunities to try and learn from experience. Many people basically quit the market permanently after their high-multiple contracts return to zero. Think about it, you use your own assets to invest, and end up losing everything. It’s okay once or twice, but if it happens too many times, your family will say you are gambling and lose confidence in you. You will also doubt yourself. Who will give you a third or fourth chance? As a young person, you have more time and less capital.
The capital market also requires time costs. Their time is valuable, but ours is not. Only by replenishing the positions of the right coins can we make money in the crazy bull market. How can there be so many people who make money? Do you think they will not be inflated and make mistakes? People who make money forever are never greedy or anxious. Too many people in life are forced to think about getting rich quickly and quickly because of various pressures. There are medical expenses for family members and milk powder for wife and children. Remember to be ruthless after charging in. If you can't change your life, just don't change it.
Do you think that you make money from the bankers in the market? You are wrong. You make money from those ignorant people who are unwilling to think and only want to get rich quickly.
If you also want a villa by the sea and want to provide a good life for your family, please be ruthless.
Liang Chao —————— A trader who entered the circle in 2013, follow me, learn from me, avoid the pitfalls I stepped on, which is equivalent to you mastering more than ten years of experience in the cryptocurrency circle. Others leave their names, and I just want to leave some traces. I will continue to share my views, techniques, mentality and principles for free.
