I used to have only a few hundred U, and every day I thought about one thing:
How to turn it into 10x as fast as possible. Since my principal was small, I went all-in. I added to the position when I was making money. When I lost money, I wasn’t willing to give up—I desperately tried to get my money back.
At the time, I kept thinking: “With such a small principal, what’s the worst that could happen if I lose a bit?” $龙虾
Later I realized that the actual thing that made me lose money was precisely that sentence. My position size was too big, so I couldn’t possibly read the market properly.
When it went up, I wanted to chase. When it dropped, I couldn’t bear to cut. I would inflate when I made a little, and then rush to get even when I lost a little.
Later, I started making each trade smaller. Losing wouldn’t affect my life, and making money wouldn’t make me randomly add more.
Slowly I understood: trading isn’t about who can profit the fastest—it’s about who can last longer. $LAB
Now I trade less and less. It’s not that I can’t do it—it’s that I know: not every market move is worth taking action.
The real difficulty isn’t choosing coins or having technical skills. It’s whether you can still stick to your rules after you’ve made money. $LSK
After all, in the crypto world: the numbers in your account don’t equal the money you’ve truly cashed out. #CPI数据来袭能否触发9月加息 #空头爆仓推动以太坊反弹
How to turn it into 10x as fast as possible. Since my principal was small, I went all-in. I added to the position when I was making money. When I lost money, I wasn’t willing to give up—I desperately tried to get my money back.
At the time, I kept thinking: “With such a small principal, what’s the worst that could happen if I lose a bit?” $龙虾
Later I realized that the actual thing that made me lose money was precisely that sentence. My position size was too big, so I couldn’t possibly read the market properly.
When it went up, I wanted to chase. When it dropped, I couldn’t bear to cut. I would inflate when I made a little, and then rush to get even when I lost a little.
Later, I started making each trade smaller. Losing wouldn’t affect my life, and making money wouldn’t make me randomly add more.
Slowly I understood: trading isn’t about who can profit the fastest—it’s about who can last longer. $LAB
Now I trade less and less. It’s not that I can’t do it—it’s that I know: not every market move is worth taking action.
The real difficulty isn’t choosing coins or having technical skills. It’s whether you can still stick to your rules after you’ve made money. $LSK
After all, in the crypto world: the numbers in your account don’t equal the money you’ve truly cashed out. #CPI数据来袭能否触发9月加息 #空头爆仓推动以太坊反弹