The dumbest way to trade cryptocurrencies is often the most effective.
The dumbest way to trade cryptocurrencies is often the most effective.
But on this road, 90% of people can't persist.
To be honest, I have seen too many people get liquidated, exit, and leave in disgrace over the years.
It's not that they lack talent, but they keep making three fatal mistakes:
First, chasing prices to buy.
When the price rises, they become greedy, thinking 'this wave can soar', but as soon as they buy, it crashes.
In contrast, when there is real panic selling, no one dares to buy.
Only those who can make 'buying on the dip' a habit are truly benefiting from the cycle's dividends.
Second, over-leveraging.
Thinking that being right means you can earn a fortune, only to be shaken by the big players, causing a direct liquidation.
