Why is it that even when a bull market arrives, many people still can't make money?

Why do some people still lose money even when the price of the coin continues to rise, even breaking previous highs?

As an old investor who entered the cryptocurrency space in 2016, going from a net worth of tens of millions to being in debt by millions, I hope to share all the pitfalls with you so you can avoid detours and get on the right track.

First of all, never touch contracts. Every round of the bull market rise is not a straight line to the moon; it is also a turbulent fluctuation, following the wave theory with highs and lows.

We can do trend expectations and cycle models, but we cannot predict and analyze the specific price fluctuations every 15 minutes. Therefore, inadvertently, during sleep, a sudden spike could lead to a loss.

Secondly, contracts represent a gambler's mindset. Like the two sides of a coin, there is a 50% chance of winning or losing. However, nine out of ten bets lose. If you win, you want to continue to expand your winnings. If you lose, you want to recover your losses, hoping to turn the tables. Do you know the most popular saying in casinos? It's not that they fear you winning; they fear you not playing.

Finally, it's about mindset and learning. Many people love to chase rising prices and sell on declines, running into the market when they see prices being driven up and cutting losses when they see prices falling. Some even take out loans to invest in cryptocurrencies. This severely affects your judgment and mindset because you are eager to recover your losses and pay back loan interest. Therefore, all the theories learned before are thrown aside when your mindset is poor.

Here are a few suggestions: read more cryptocurrency news, but learn to filter it. Analyze K-line trends more, but don't rush to enter. Give yourself some growth and fermentation, allowing time to help you slowly become wealthy. #内容挖矿