After seven years of struggling in the cryptocurrency world, I have seen too many people go from full of expectations to leaving in despair. $MDT
Whenever someone asks me, 'Why do I always lose?', I always give four sentences. These are blood and tears lessons distilled from countless liquidations, and almost all people who lose money cannot escape these four pitfalls:
The first pitfall: Frequent trading.
Many people treat the cryptocurrency market like a casino, thinking 'being in cash is a loss.' Watching the K-line and entering and exiting dozens of times a day seems to catch fluctuations, but when fees and slippage are accounted for, the principal shrinks by 30%. Real opportunities require waiting; the more you want to 'make a bit more,' the easier it is to be played by the market.
The second pitfall: Heavy positions with high leverage.
Many people hold the mindset of 'betting it all to turn things around,' putting 80% of their principal into one coin and opening 10-20x leverage. An acquaintance of mine once multiplied his investment through leverage, but later, with a full position in altcoins, the project team ran away overnight, wiping him out. Leverage can amplify gains but can also magnify losses — if the market goes against you by 5%, you could lose everything overnight.
The third pitfall: Taking small profits and holding on to large losses.
This is the most common psychological trap. Eager to secure a 5% profit, but stubbornly holding on through a 30% loss while waiting for a rebound. Some people even add to their positions when they break key levels, ultimately losing 80% of their principal, missing even the chance to recover. The market doesn't fear you taking profits too early, but fears you cutting losses too late.
The fourth pitfall: Not setting stop-losses.
Too many people trade based on gut feelings, failing to plan for risks in advance, thinking 'the market will move as I expect.' But there are no certainties in the cryptocurrency market; a piece of bad news or a market crash can halve your position in no time. Not setting stop-losses is like driving without a seatbelt — usually no problem, but one accident can be fatal. #币圈生存法则
Those who survive around me all treat 'stop-loss' as an iron rule. Even if occasionally washed out, it is better than liquidation.
In the end, the logic of making money in the cryptocurrency world is not complicated:
Do fewer ineffective trades, stay away from high leverage, learn to take profits and cut losses, and respect risks.
Protect your principal, and you will have the chance to wait for profits.
Sen only does real trading, no empty promises. There are still spots open in the current team; for brothers and sisters who want to learn the methods and turn things around, let’s get on board together #币圈暴富
