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Many people treat the crypto space as a casino, dreaming of getting rich overnight.
I saw the most ruthless guy——put in 3000U, went all-in with 50x leverage long.
Asked him why not go smaller, he said: "It's just 3000 anyway, if I lose it, whatever, but what if I'm right?"
It turned out he was right. In half an hour it more than doubled, he made over 6000U.
Then what? He didn't leave. He thought the trend would continue, didn't take profits, even added to the position.
20 minutes later a pullback came, profits gone, principal gone. From entry to zero in less than an hour.
This isn't trading, this is playing high-low in Macau.$XPIN
When I restarted with 400U, I also had that thought——since the money is small, just gamble it.
But I didn't sleep that night. I thought all night, and finally told myself: This is my last chance. If I gamble it away, I'm completely out.
Later on, I made sure of one thing before every trade——if this one is wrong, can I still have the next one? If yes, I do it. If not, no matter how tempting, I don't touch it.
The people who make money in crypto aren't the luckiest ones, but the ones most afraid of dying.
If you want to survive longer in crypto, come to me, I'll send you a screenshot of what I told myself back then——read it every time you're about to go all-in, it'll stop at least half your impulses.#Gate完成141只股票股息派发