Your view of the crypto world:
Investing 10,000 yuan, not getting 1 million in 10 years, rising 100 times will never be out of the game.
The real crypto world:
Scenario 1: You entered the market with 10,000 coins, but the next day you only had 5000 left. You couldn't sleep that night. After that, on every night you woke up, you would open the exchange to check the market. Then, you would consider whether to Cut Loss, thinking of selling it when it rises back to the principal. As a result, after a month, it rose to 9000. You thought, if I sell it now, I will have nothing left, so I'll hold on, I must have faith. However, the price continued to fall. After a hard time of half a year or a year, your coin fluctuated between 1000 and 6000, and your unwillingness was gradually worn away. Finally, at a value of 6000, you couldn't wait to Cut Loss.
Scenario 2: You invested 10,000 yuan, and after a few months, it rose to 12,000 yuan and then dropped to 10,000 yuan again. Then you sold it decisively, hoping for lower prices. You were confident, but the price rose to 15,000 yuan and 20,000 yuan, so you chased rising prices. However, your cost has doubled, and the price subsequently dropped directly to 6,000 yuan.
So, the first step to enter the crypto world is to learn to lose money. Although it may not be of much use for me to say so, I will continue to say it. Only when you have truly experienced losses, will you understand what I am saying. Friends who have experienced losses, do you think I am right?
Investing 10,000 yuan, not getting 1 million in 10 years, rising 100 times will never be out of the game.
The real crypto world:
Scenario 1: You entered the market with 10,000 coins, but the next day you only had 5000 left. You couldn't sleep that night. After that, on every night you woke up, you would open the exchange to check the market. Then, you would consider whether to Cut Loss, thinking of selling it when it rises back to the principal. As a result, after a month, it rose to 9000. You thought, if I sell it now, I will have nothing left, so I'll hold on, I must have faith. However, the price continued to fall. After a hard time of half a year or a year, your coin fluctuated between 1000 and 6000, and your unwillingness was gradually worn away. Finally, at a value of 6000, you couldn't wait to Cut Loss.
Scenario 2: You invested 10,000 yuan, and after a few months, it rose to 12,000 yuan and then dropped to 10,000 yuan again. Then you sold it decisively, hoping for lower prices. You were confident, but the price rose to 15,000 yuan and 20,000 yuan, so you chased rising prices. However, your cost has doubled, and the price subsequently dropped directly to 6,000 yuan.
So, the first step to enter the crypto world is to learn to lose money. Although it may not be of much use for me to say so, I will continue to say it. Only when you have truly experienced losses, will you understand what I am saying. Friends who have experienced losses, do you think I am right?
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