As long as you are not greedy, making money in the cryptocurrency world is really not difficult.
If you want to achieve financial freedom through cryptocurrency, technology, methods, and systems are all indispensable. Once mastered, the market becomes your ATM.
But you must first understand one thing:
1. The people who make money are definitely not those who play contracts.
All the contract players I know have not been able to make money long-term.
Those who make money in the short term end up losing everything back.
Contracts are essentially gambling, a game of probability.
Those who make money from contracts are the ones who run communities, take orders, and cut leeks, not those who profit from trading itself.
Want to recover your losses from contracts? Don't dream about it.
In the market, those who turn their fortunes around through contracts are as rare as a phoenix among feathers.
You are not that person.
And don't fantasize about becoming that person.
What you should do is: quit contracts = quit gambling.
2. How do people lose money in spot trading recover their losses?
It mainly depends on two points:
1. If the losses are not too much, and the principal is sufficient, recovering losses is very easy.
As long as you are not deeply trapped at high positions, flipping 3 to 5 times is not a difficult task.
2. The most important thing is never “where to sell.”
But rather:
After selling, can you stay in cash?
95% of retail investors are washed back in at high positions by good news:
After selling with great difficulty, they are urged back by emotions, analysts, and KOLs, resulting in rolling from the mountain top to the hillside, and then rolling down to the bottom of the mountain.
Those who can truly make money all have this ability:
To sell well and still stay in cash.
In summary:
Making money in cryptocurrency is not difficult; the hard part is restraining greed, quitting contracts, and sticking to being in cash.
If you can do these three things, you have already surpassed 95% of people. $BTC
