I must tell a very cruel truth
80% of people in the crypto world leave with losses
Being able to survive from 2021 to now, I must admit it's not because my trading skills are exceptional, but because I can manage my account's position and risk control well
Some people teach you to use all your funds with a potential 500 times leverage, saying that this way money comes faster, but losses also happen quickly. If a major market event occurs, wouldn't you be wiped out? Even if you set a stop loss, it only delays the time until your account goes to zero
Of course, I have to admit that some exceptionally talented individuals can achieve good results using this method, but not everyone is exceptionally talented. We can only fantasize about becoming such a person, but the reality is often the opposite
Slow and steady wins the race, caution makes for a long-lasting ship. Properly managing positions and setting stop losses is the true way to survive in this cruel crypto world.
80% of people in the crypto world leave with losses
Being able to survive from 2021 to now, I must admit it's not because my trading skills are exceptional, but because I can manage my account's position and risk control well
Some people teach you to use all your funds with a potential 500 times leverage, saying that this way money comes faster, but losses also happen quickly. If a major market event occurs, wouldn't you be wiped out? Even if you set a stop loss, it only delays the time until your account goes to zero
Of course, I have to admit that some exceptionally talented individuals can achieve good results using this method, but not everyone is exceptionally talented. We can only fantasize about becoming such a person, but the reality is often the opposite
Slow and steady wins the race, caution makes for a long-lasting ship. Properly managing positions and setting stop losses is the true way to survive in this cruel crypto world.