When I first got into the crypto space and encountered the technology, I thought it was amazing to be able to predict so accurately, hitting the right point exactly. I was very excited and worked hard to learn. I always thought that those who were good at stock trading would definitely make money trading cryptocurrencies.
However, the reality has shown me otherwise. No matter how good stock trading is, it lacks the understanding of the crypto space, the understanding of the crypto ecosystem, and the experience of the journey in the crypto world. It's not just about having good technology to make money.
So I discarded my previous incorrect thoughts, and now I feel I am right, which is why I always say that technology only accounts for 10-20%.
If you look at a shanzhai (a copycat cryptocurrency) with technology, can you really see it accurately? Ten times in seven days! When news comes, the manipulators want to pump or dump, can technology really see it accurately? Even if the direction of the contract is correct, if you hit losses back and forth a few times, will you doubt your previous judgment?
The essence of investment and trading logic has not changed: preserve the principal, it's better to miss out on profits than to make mistakes.
Today, a student got liquidated. BTB’s research does not allow students to trade contracts, of course, we cannot control the students' hands and thoughts. When I discovered it for the first time, I scolded him severely, and then I realized something was off. I estimated that something bad was going to happen, and indeed the result was something I did not want to see, but was a fact. According to my temperament, I would have given a harsh scolding, disobedient, serves him right! But I endured it because I knew he must be feeling very bad after the liquidation, and I also knew he was wrong. I suppressed my anger and informed him to calm down for a few days, review well, summarize, and then contact me to see how I can help him.
He is just a microcosm among many cryptocurrency friends; there are many others who are facing liquidation or are on the path to it. My energy is limited; spending 2 hours or a week on one person, with so many people in the market, I can't save them all. Even if I don’t eat or sleep for a day, there are only 24 hours!
Heartbreaking, heartbreaking, heartbreaking! I realize that no matter how strong my abilities are, I cannot save him. I can teach trading methods and technology, but mindset and understanding can only be realized by oneself. Having someone to guide you can help you realize it faster and greatly reduce the cost of trial and error; otherwise, you could be stuck for years and eventually plunge into the abyss, let alone talk about financial freedom.

