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There are several types of people who will definitely lose money in the crypto world
Several types of people in the crypto world are sure to lose money! Be careful, find your own match.
First, as a pure novice, I jumped into 100x contracts right away, made a little profit, then went all in, and ended up with nothing. Relying on luck to invest in a certain coin that increased by x times, only to lose everything on the way! Only knows how to go all in, chase the rise, and kill the fall, completely unaware of what position management is, what stop-loss and take-profit are. Always fully invested, always teary-eyed! (For novice beginners, I suggest staying away from the crypto world, ignorance is truly fearless!)
Secondly, for small capital players, for example, if you only have a few thousand U! Want to earn millions! In the crypto world, there are indeed some cases where a few thousand U can turn into millions, but most of them are due to the wealth created by first-level markets and contracts!
Small capital players have chosen the wrong track, and it is also difficult to achieve class leap. Small capital, do you want multiple returns! You definitely can't choose the secondary market! The secondary market cannot give you a hundredfold return! High multiples definitely require the primary market and contracts!
But the risks of the same contract and primary market are also huge, and only one out of ten can come out of these two tracks! Watch more and do less!
Third, the giant baby of the crypto world: the kind of newbie who doesn't understand anything, needs to be fed, and even needs to be blown into the mouth after being fed! This kind of person is basically out of luck in making money! Because no one will have the patience to keep feeding you! Even your parents will only feed you until you're a few years old!
The giant baby of the crypto world, likes to be fed, and the person who lies flat and tries the service! Without a good mentality, only people who can earn a little bit and nag! It is destined not to last long! Bad mentality is basically all nonsense!
Fourthly, stubborn people still hold a bunch of altcoins and never touch BTC, ETH, or XRP! These people have extremely poor risk resistance! They know BTC is expensive, but they think altcoins are cheap and have high returns. However, the same goes for when altcoins crash!
Although Bitcoin has a slower growth rate and a higher price, it is relatively stable compared to altcoins. Many people may mistake the announcement of altcoins being delisted as an opportunity to buy more.