In the bull market of the cryptocurrency circle, if you want to make money, which is more important, trading technology, mentality or strategy?
The trend of Bitcoin has been fluctuating for more than a month, and it has not broken through the new high or fallen below the support level.
However, the recent copycat market has lost all the gains in the past three months, and the market is bloody.
Especially those who saw Bitcoin hit a record high and thought that the big bull market in the cryptocurrency circle was coming, and were afraid of missing out, and those who did not get on the train before rushed into the market. This wave of callback is really hurtful.
As I said before, whether it is a newcomer or an old leek, a technical school, etc.
What you have, the main force is only stronger than you, not lower, and retail investors are always swayed by the traps set by the main force and market sentiment again and again.
Do you remember the entry time I reminded you in December last year? Will it be the same this time?
Blindly believing in technology or not believing in technology is biased and subjective. Technology is the language that helps us understand the market.
Helping us make money must rely on technology. This is something we cannot avoid or cheat. If we cannot even understand the market, how can we trade? Do we rely on fortune-telling, guessing the size, or imagination?
But if we understand the market, can we make money? Not necessarily.
What hinders us from making money is the mentality. The mentality is not just not selling when the price goes up or not being afraid when the price goes down, but how to correctly understand our investment thinking and concepts in the currency circle, how to correctly distinguish the essence of investment and speculation, how to correctly understand the future vision and trends of the blockchain industry, as well as the fundamentals and policy cognition, etc.
And the strategy is to help us escort on the way to getting the results. The strategy is to prevent us from being defeated when we make a wrong judgment, and from then on we will be forced to withdraw from the circle and it will be difficult to make a comeback.
The strategy is not to help us make more money at a time. The core of the strategy is to help us better avoid risks when unexpected situations occur, small probabilities or black swan events occur.
In the financial market, only if we can survive for a long time will we have the opportunity to see the last rainbow after the storm.
In investment, only after we have eliminated all the risks, what is left is the profit we can get.
Don't enter the circle and think about how much you can make, but think about how to do it first, and then you can avoid losing money!
We must have a clear positioning of our own abilities and cognition.
Therefore, if we want to make long-term stable and continuous profits in the currency circle, we must be inseparable from the trading system.
That includes mentality, technology and strategy, which complement each other and are indispensable.
If you don't have it at the moment, it's better to wait and see than to blindly enter the market and lose money.
Three years to enter the industry, five years to understand the industry, and ten years to become the king.
