Why do most people invest and never make big money? $BEAT
To put it bluntly, they are not making money; they are being led by their emotions. They get excited when prices rise and panic when prices fall, and their actions follow their feelings, so they naturally can't hold onto their money.
Trading cryptocurrencies is fundamentally very simple:
Understand the trend and then execute properly.
When there is no trend, don't force it. Real big money is made in trending markets; if there is no market, it's better to stay out than to fumble around.
Choosing the right coin is more important than the execution.
Strong coins with stable movements and small pullbacks deserve your time. Those that fluctuate wildly may seem exciting but actually hurt your account the most.
Opportunities are created by waiting, not by chasing.
If there are no positions, stay empty; being out of the market itself is a discipline.
Once you enter the market, you need to have patience.
If the structure hasn't broken down, don't be shaken out by a few candlesticks; when it rises to a high point, don't talk about faith; if you need to take profits, then take them.
Lastly, remember one thing:
Paper profits don't count; only withdrawals count.
Less emotion, more discipline,
You may not get rich quickly, but you can definitely outperform most people.