In the crypto world, I have seen many pros, as well as many who made a lot of money only to drop to zero.

After seven years in the industry, I have seen a lot and have been cut and pitfall many times. I can't remember how many times I have been tortured repeatedly to the point of being unable to sleep.
I don't know what to say. This month has actually been a long psychological journey. When I think about it carefully, there aren't that many myths about getting rich quickly. Just staying alive is already impressive.
The quality of technology, good or bad, doesn't mean much. There are countless people who know technology and analysis, but very few can actually trade well. What truly allows you to profit and survive in this market are position management, emotional management, and risk management; only these three.
Those who exit the crypto world do so because they cannot resist the inherent flaws of human nature, as trading is inherently against human nature...
I have reviewed many famous pros, and none of them do not prioritize stop-loss and risk control. Even with heavy positions, risk control comes first, followed by emotional management after a stop-loss. Technical skills are important, but they are not the top priority, because the market is alive and does not change according to human will. I believe that everyone who has studied technicals, done analysis, and engaged in trading can agree with my statement.
Those who can survive in this market, fighting back after repeated failures, are those with strong resistance to pressure. Not everyone can withstand losing positions, even if some succeed while holding onto them until the end and others fail. That's why we emphasize the importance of stop-loss countless times, but we also die from the emotions that follow countless stop-losses.
This is indeed a way for many ordinary people to change their fate against the odds, but it is also a grave for more than 95% of ordinary people. Take care and cherish your principal.
Finally, I would like to thank those who have been with me since I started my broadcast, and in the live room, I urge my brothers and fans to stay with me for years to come. I hope that we can really turn our fate around here, and I also look forward to having the opportunity to drink tea and have a drink together, because most of us are indeed solitary wanderers away from the crowd...
My goals are not many; I'll pause trading once I reach 300 coins, and to achieve 300 coins, I need to make several thousand times the profit. After that, I can do many things I really want to do. What about you? Have you thought about it? #Gate广场创作者星火计划：入驻享每月超$10,000奖池