In the cryptocurrency world, everyone will lose money, and experts are no exception. But the difference between ordinary people and experts is: ordinary people blame the market and the operators when they lose money, then continue to make the same mistakes; experts will painfully review their trades after a loss.

Three review questions:

Whenever you incur a significant loss, force yourself to calm down and answer these three questions:

1. Why did I buy at that time? Was it based on logical analysis, or was it due to emotional excitement after hearing someone else's recommendation?

2. What was my trading plan? Did I set a stop-loss? Why was the stop-loss triggered but not executed?

3. What weaknesses did this loss expose in me? Is it greed? Is it fear? Or is it a lack of understanding?

If you don’t review, the tuition you paid will be wasted. Turn every loss into a stepping stone for your advancement; this is the only path to stable profits.