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I have been on the blockchain all year, experiencing gains and losses, and have encountered opportunities with 100x returns, but most of them were missed due to insufficient understanding.
Take Elon Musk's new mascot ASTEROID as an example, I did anticipate Musk's response, but because I entered at a not-so-ideal point, I was in a loss position.
Additionally, the on-chain PVP is quite intense, which led me not to go all-in immediately after Musk's reply, and I didn't even add to my position. Although I eventually turned a profit, I still missed out on a big wave of free wealth.
I'm a newcomer to dog trading; losing more than winning is the norm. At this stage, I feel the most important thing is to temper my mindset and improve my understanding.
At the very least, I should develop good trading habits, such as cutting losses in time, and for hesitation periods or promising signals, I should hold firmly.
Meme coins are about psychology and probability. Acknowledge your greed and fear, and use strict discipline to fight against your instincts.
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