Once you enter the crypto world, it feels like stepping into an unfathomable realm, but I always hold onto the belief that I must win.

What I want to share with everyone is:

In the crypto world, it is difficult to change others, but even harder to change oneself. However, only by changing oneself first can there be hope for winning. The financial market never acknowledges "if"; it only recognizes results. If we cannot make money in the crypto world, it must be that we have made some mistakes; if we can continue to profit, it must be that we are doing something right. The reasoning is that simple. The way of thinking determines daily behavior, and daily behavior ultimately leads to results. Losing money is not scary; what is scary is not being able to find the true reason for the loss, and having no determination to change it immediately. Ignoring problems, avoiding problems, and not addressing problems head-on are the most dangerous. Everything has its cause and effect; sow good causes to reap good results, sow bad causes to reap bad results. Our current situation is the accumulation of every decision we made in the past. Regardless of whether the result is good or bad, we must bear it ourselves—In the world of adults, once we choose this path, even if we are wrong, we must grit our teeth and see it through. The key is whether we can accept the results calmly and respond with composure. Adults should also never pretend to work hard, because results will never accompany us in acting. We must reflect and summarize more in our daily lives: continue to improve on what is right, immediately correct what is wrong, and given time, things will get better.

Trading in the crypto world is no different: one must let go of the lucky mentality, abandon the fantasy of getting rich quickly, and steer clear of trades that exceed one’s capabilities and understanding. Before each trade, it’s worth asking oneself: Do I really understand it? Is there a solid basis to support my decision? Are my strategies and risk control systems ready? If I fail, can I handle it? A clear understanding of one’s ability boundaries is an essential quality for becoming a qualified investor. As long as one sincerely wants to change, it’s never too late to start.

In the end, the essence of trading can be summarized in eight words: cut losses when wrong, hold on when right.
#BTC# #ETH#