The Truth About Losing Money in the Crypto World: 90% of People Fall into "Impatience"

Having been in the crypto world for these years, I have seen human nature clearly—most people lose money, it's not due to poor skills, but simply because they can't control their hands!

When the market is good, and the position is reasonable, they still fall into two vicious cycles: after making a profit, they greedily want to "hold on a little longer, make a bit more," resulting in all profits evaporating; after losing, they stubbornly hold on thinking "what if there's a rebound," but end up deeper in the hole, with their account going to zero.

I went through this myself many years ago, not making much money, but my mindset collapsed hundreds of times. It wasn't until I set five "self-destructive" iron rules for myself that I completely severed emotional trading:

1. Never go all in: No matter how good the market looks, the position should be at most 1/5, always leave enough bullets in hand;

2. Do not average down: If it drops, it means the judgment was wrong; averaging down is not saving the situation, it's just going head-to-head with the market;

3. Refuse to chase the highs: Don't be obsessed with a coin that's rising; there are thousands of assets in the crypto world, don't "date" a single coin;

4. Limit monitoring to 1 hour: The more you watch, the more anxious you become; no matter how skilled you are, it's easy to make mistakes;

5. Clear positions before bed: The market doesn't sleep at night, don't let your positions ruin your peaceful sleep.

Guess what happened next? The principal is still the same, but the losses are getting smaller, and the account actually started to rise steadily. At this point, I finally understood: crypto experts don't earn more, but make fewer mistakes!

If you still can't help but feel "itchy hands" now, don't rush to learn advanced strategies; first, practice self-discipline. The most powerful weapon in the crypto world has never been leverage and indicators, but the word "restraint!"

The market has opportunities every day, and they won't wait for anyone. To step on the right rhythm without falling into pitfalls, you can only walk with the wise, and then there will be infinite possibilities. Xin Yi Team, making trading easy for everyone.