#JCT In the crypto market, you must have your own investment logic. Don’t blindly follow the crowd.
Following the crowd may of course make you money once, but the problem is that you don’t know why you made it. After making money once, you’ll be more likely to trust yourself, and next time you keep following along. In the end, it may turn into one win and ten losses.
If you really want to make money in this market for the long term, what you rely on is not tips, not luck, and not buying with whoever tells you to, but slowly building your own framework:
when to buy, how much to buy, how long to hold, when to sell, and what to do if you’re wrong.
If you haven’t figured these things out yourself, then even if someone tells you which coin will rise and you buy in and make money, it’s still just luck.
What’s more, much of crypto trading is essentially a game between capital flows. If someone buys at a high price, it means someone else sold at that price; if someone makes money, that profit must correspond to another party bearing a loss or opportunity cost.
So don’t treat someone else’s profit screenshot as your own investment logic.
What can truly keep you in the market for the long term is not following the right person, but forming your own judgment.
Following the crowd may of course make you money once, but the problem is that you don’t know why you made it. After making money once, you’ll be more likely to trust yourself, and next time you keep following along. In the end, it may turn into one win and ten losses.
If you really want to make money in this market for the long term, what you rely on is not tips, not luck, and not buying with whoever tells you to, but slowly building your own framework:
when to buy, how much to buy, how long to hold, when to sell, and what to do if you’re wrong.
If you haven’t figured these things out yourself, then even if someone tells you which coin will rise and you buy in and make money, it’s still just luck.
What’s more, much of crypto trading is essentially a game between capital flows. If someone buys at a high price, it means someone else sold at that price; if someone makes money, that profit must correspond to another party bearing a loss or opportunity cost.
So don’t treat someone else’s profit screenshot as your own investment logic.
What can truly keep you in the market for the long term is not following the right person, but forming your own judgment.