The reasons why ordinary people lose money in stock trading and cryptocurrency trading can be understood through an example—
Suppose you have 1 million in assets, and you use 700,000 to buy a cryptocurrency. The next day, the price of the coin drops by 1%, and you lose 7,000, but you don't care, believing it will rebound sooner or later.
On the third day, it drops another 3%, and you lose nearly 20,000. You are still undeterred, firmly believing it will recover.
On the fourth day, it rises by 2%, and you regain over 10,000 of your principal. You smile slightly, feeling everything is under control.
On the fifth day, it suddenly plummets by 20%, and you lose 140,000. You start to feel uneasy, fantasizing about a rebound tomorrow.
On the sixth day, it rebounds by 5%, and you breathe a sigh of relief, thinking there is still a pattern to trading cryptocurrencies.
On the seventh day, it rises by 1%, and you begin to expect more gains.
On the eighth day, it rises again by 1%. Although the increase is slow, you feel hopeful about breaking even and feel satisfied.
On the ninth day, it suddenly drops by 30%, and you start to panic, doubting whether you chose the wrong coin.
On the tenth day, it drops another 10%, and you feel angry.
On the eleventh day, the coin price stabilizes and consolidates. You see someone online saying this is a bottoming signal, and the market is accumulating momentum. You firmly believe a rebound is imminent.
But in the following week, the coin price continues to consolidate. You learn some cryptocurrency knowledge and, based on your understanding, believe this is the so-called "main force accumulation phase."
You continue to hold.
A month later, the coin price not only hasn’t risen but has continued to drop by 20%. You become numb, thinking that if you can break even, you will exit the crypto circle.
However, the coin price keeps falling, and at this point, you learn the concept of "stop-loss."
You struggle internally, unsure whether to liquidate your position or hold on.
Just then, a friend tells you about a new coin that has surged by 200% and shares his "leading strategy."
You believe it! You sell the coins you hold, telling yourself to make money on the new coin and then come back to average down, and wait to break even.
Final reminder: The crypto market is like a battlefield; intuition is crucial.
🔥🔥🔥 Practical tools for finding gold in alpha#
1️⃣ Axiom Dog Rush Tool https://axiom.trade
2️⃣ Gmgn Dog Rush Tool https://gmgn.ai
3️⃣ dbot Dog Rush Tool https://app.debot.ai
4️⃣ Morelogin Multi-Account Fingerprint Browser www.morelogin.com
Related Reading#
The latest ranking of the top 10 virtual currency trading platforms in China for 2025 is out 🔥【Worth collecting】
【True stories of getting rich in the crypto world】Many people ask me, after years of trading cryptocurrencies, how did I go from 0 to 11 million and then to a debt of 100,000?
Everyone is searching for#
Buying Bitcoin, losing money in stock trading, losing money in cryptocurrency trading, Bitcoin, President Coin, Trump Coin, buying Bitcoin domestically, cryptocurrency exchanges, okx download registration, domestic okx recharge, Binance App registration, Binance App download, Binance platform buying coin tutorial, Binance registration, bianace airdrop registration, Binance Apple download, how to buy President Coin, how to buy Dogecoin, buying Bitcoin with RMB, how to download OKX, web3 airdrop, web3 zero airdrop, bitget mainland download registration, OKX passport registration, OKX download, Binance download, cryptocurrency side business, OKX contracts, how to recharge RMB on OKX, how to recharge on OKX, how to set up an NFT wallet, how to recharge RMB on Huobi, beginner's guide to the crypto world, btc8848.com, Tony's contract trading principles, contract leverage bit wave, Defi mining, crypto airdrop, can you still play crypto airdrops, what to do if a contract is liquidated, how to buy President Coin on OKX and Binance, how to buy Ethereum on OKX and Binance, how to play Defi staking mining, can you still play NFTs, we3 airdrop, how to play web3 zero airdrop, how to strike inscriptions, how to strike runes, beginner's guide to the crypto world, how to trade cryptocurrencies, can you make money trading cryptocurrencies, beginner's tutorial in the crypto world btc8848.com, can you make money trading cryptocurrencies, what is contract leverage, Defi mining, how to play crypto airdrop, OKX airdrop, node staking, liquidation, financial freedom, night investment heiyetouzi.xyz