#ETH Can you make money in the crypto world? Yes, but only for a small portion of people. About 80 to 90 percent are losing money, or they earn by luck and then lose it back through luck. When there's unrealized gains, they think it will rise and don't dump, but then it falls, leading to unrealized losses, cutting losses, and stop loss. When there's unrealized losses, the mentality isn't good and patience is lacking, or after being trapped for a long time and just recouping investment, they immediately sell. Invest with spare money, don't take loans, and don't borrow money from others. The market maker's whipsaw duration is not fixed; they will only pump after washing away the weak-willed chips. Too many retail investors are in the market, and the market maker won't pump until they've completely washed out the retail investors, which is impossible. The market maker won't dump just for a few retail investors. Don't listen to favorable or unfavorable news. The favorable news might be known to the market maker before we know it. The market maker uses favorable news to dump, distributing chips to retail investors who like to chase the price and sell with bearish market. They use unfavorable news to dump and accumulate chips in panic. To get rich, you need a robust trading system and strictly execute it. Sometimes don't think about taking a big gamble for a big profit; sometimes gambling might lead you back to square one overnight. Don't trade in markets you don't understand. If the risk is greater than the profit, then don't make that trade. Making money and achieving financial freedom is certainly good, but also pay attention to the safety of withdrawing funds to avoid receiving dirty money.
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#ETH Can you make money in the crypto world? Yes, but only for a small portion of people. About 80 to 90 percent are losing money, or they earn by luck and then lose it back through luck. When there's unrealized gains, they think it will rise and don't dump, but then it falls, leading to unrealized losses, cutting losses, and stop loss. When there's unrealized losses, the mentality isn't good and patience is lacking, or after being trapped for a long time and just recouping investment, they immediately sell. Invest with spare money, don't take loans, and don't borrow money from others. The market maker's whipsaw duration is not fixed; they will only pump after washing away the weak-willed chips. Too many retail investors are in the market, and the market maker won't pump until they've completely washed out the retail investors, which is impossible. The market maker won't dump just for a few retail investors. Don't listen to favorable or unfavorable news. The favorable news might be known to the market maker before we know it. The market maker uses favorable news to dump, distributing chips to retail investors who like to chase the price and sell with bearish market. They use unfavorable news to dump and accumulate chips in panic. To get rich, you need a robust trading system and strictly execute it. Sometimes don't think about taking a big gamble for a big profit; sometimes gambling might lead you back to square one overnight. Don't trade in markets you don't understand. If the risk is greater than the profit, then don't make that trade. Making money and achieving financial freedom is certainly good, but also pay attention to the safety of withdrawing funds to avoid receiving dirty money.