The ups and downs of the crypto world are really nerve-wracking!!!
Everyone is thinking about surviving the bear market, so that they can break even and make money when the bull market comes.
But to be honest, this road is really hard to walk, and very few people can stick to it to the end.
Why?
Some people simply do not believe that this industry has a future, they just want to make money quickly, this kind of mentality definitely won't work.
There are also some people who are not investing spare money. As soon as there is any movement, they panic and definitely cannot last as long as those with "faith".
When it comes to fear, everyone has it.
Afraid of falling back when rising, and afraid of losing more when falling.
Actually, to avoid panic, besides gaining more understanding of the industry, you also need to increase the 'risk-reward ratio,' which means choosing good projects, holding them for the long term, improving the ability to earn money off-exchange, and reducing the cost of holding positions.
Investment, seemingly simple, is actually mixed with the complexity of human nature.
Everyone wants to increase their returns, but it's difficult, and time waits for no one.
Unfortunately, some people are eager for quick success and instant benefits, increasing their principal or even leveraging, only to collapse after a single loss.
So, before investing, you need to think clearly whether this money is "appropriate money".#加密货币峰会
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The ups and downs of the crypto world are really nerve-wracking!!!
Everyone is thinking about surviving the bear market, so that they can break even and make money when the bull market comes.
But to be honest, this road is really hard to walk, and very few people can stick to it to the end.
Why?
Some people simply do not believe that this industry has a future, they just want to make money quickly, this kind of mentality definitely won't work.
There are also some people who are not investing spare money. As soon as there is any movement, they panic and definitely cannot last as long as those with "faith".
When it comes to fear, everyone has it.
Afraid of falling back when rising, and afraid of losing more when falling.
Actually, to avoid panic, besides gaining more understanding of the industry, you also need to increase the 'risk-reward ratio,' which means choosing good projects, holding them for the long term, improving the ability to earn money off-exchange, and reducing the cost of holding positions.
Investment, seemingly simple, is actually mixed with the complexity of human nature.
Everyone wants to increase their returns, but it's difficult, and time waits for no one.
Unfortunately, some people are eager for quick success and instant benefits, increasing their principal or even leveraging, only to collapse after a single loss.
So, before investing, you need to think clearly whether this money is "appropriate money".#加密货币峰会