Why do you keep losing money in the crypto world? Have you reflected on it?
Most retail investors lack patience; every time they lose a point or two, they rush to sell, then buy other coins, and end up losing another point or two. They get impatient and sell again, gradually losing everything. Remember, trading cryptocurrencies requires patience. Even Warren Buffett's annual profit is only twenty percent; why should we be in a hurry?
We must have confidence in the crypto world, but we also need to have a sense of awe. Many people lack respect for the crypto world, don't understand the operations of market makers, and are unfamiliar with various indicators. They just operate randomly, doing whatever others say. If you don't understand these well enough, how can you make money in the crypto world? This is what it means to lack respect for the crypto world—because there is no preparation!
Finally, we need to choose the right coins. Start by looking at the technical aspects, which are the most intuitive. If the candlestick chart looks bad, simply pass it up. If the technicals are strong, like ONDO, it indicates that this coin is actively traded with frequent main player activity. Next, look at the trading volume; if the volume is too low, don't consider it. Then check the MACD and KDJ to see if they form a golden cross resonance. This way, the accuracy of coin selection is greatly improved.
Lastly, a word of advice: if life isn't going well, learn to turn the situation around. If the crypto world isn't going well, it's better to stay calm than to act rashly.
Fresh goods box, no direction? Soak - Boil - Night -.
