After 8 years in the cryptocurrency world, I started with a borrowed 10,000 yuan, and by last year, my assets exceeded 8 digits!$BTC
Having been in the cryptocurrency world for 8 years, I have tried long-term, short-term, ultra-short, and swing trading; I have basically done all types of methods, so I have a say on this issue. I have always said that mastering a skill takes the 10,000-hour rule, with 8 hours a day and over 200 days a year for review, it takes about 5 years, and this is just the beginning, the foundation for stable profit.
There will definitely be big pitfalls within 8 years, so to be safe, don't put your principal beyond your capability for the next 8 years.
Many experts who have traded from tens of thousands to hundreds of millions only used large multiples in contracts, and many have perished in a bear market; you just don’t know it. Human nature, in the face of major trends, often makes people lose their ability to make correct judgments.
Returning to the main topic, I would like to share with you here:
It's difficult to change others in the cryptocurrency space, and it's also hard to change oneself; but only by changing oneself can there be hope!
Changing others is difficult, and changing oneself is also hard; but only by changing oneself can there be hope. The financial market never has a 'what if'; it only looks at results!
If we are not getting results in cryptocurrency trading, we must be doing something wrong; if we can consistently achieve results, we must be doing something right, it's that simple. Our way of thinking influences our actions every day, and our daily actions bring about the final results.
Losing money is not scary; what’s scary is failing to find the real reasons behind the losses. Determining to change immediately can help us turn losses into profits. Ignoring problems, avoiding issues, and not facing them head-on is what’s truly frightening.
Everything has a cause and effect; sow good causes, reap good results; sow bad causes, reap bad results. Our current situation is entirely based on every decision we made previously.
Regardless of the results, good or bad, we must bear them. In the adult world, once a choice is made, even if it's wrong, we must walk through it on our knees. It depends on whether we can calmly accept and face the final results when they correspond to each individual.
In the adult world, never pretend that the process is very hard, because the final results won't accompany us in the act.
We must learn to reflect and summarize more in our daily lives. Keep improving on what is good; change immediately what is not. Given time, we will all improve. Trading in the cryptocurrency space is the same; we must discard lucky thinking, discard the desire for quick riches or speculation, and discard every trade beyond our capabilities and understanding.
Before each trade, ask yourself if you truly understand it, if you have a solid basis for your trading decision, if you have prepared a strategy, a risk control system, and whether you can accept failure, etc.!
Truly understanding and positioning one's abilities is an essential quality we need as qualified investors. As long as you want to change, anytime is just right!
The essence of trading is: cut losses when wrong, hold on when right.
Nice to meet everyone, Master Chen focuses on Ethereum and Bitcoin contract spot trading. The team still has spots available, bringing you to become a market maker and a winner.#ETH走势分析 #加密市场观察

