Why do many people in the cryptocurrency world often say the same phrase: “As long as I break even, it will be fine.”
In fact, the two characters “break even” are a trap in themselves.
Once you make breaking even your goal, your perspective will become shorter and shorter.
For example, if you make a 5% profit on a trade, you immediately rush to take profits, fearing that the profits will be given back.
It seems like you are getting closer to breaking even, but over the long term, you will find that—
Not only did you not break even, but you also missed out on many real big market movements.
Many people are trapped by small profits like this.
I once read a story.
The author of “Naruto,” Masashi Kishimoto, actually had a very difficult life in his early years. At that time, in order to make money, he drew anything and everything, following whatever was popular.
As a result, he produced more and more works, but he never developed his own style.
Later, he changed his mindset, no longer just thinking about making a little money, but focusing on creating works that truly have content and ideas. Those years were actually harder, but it was that period of accumulation that gradually polished the classic works that followed.
If he had continued to cater to the market and only thought about making quick money, he might not have achieved what he did later.
Trading is actually the same.
Many times, what you lack is not that little bit of profit, but rather the vision and patience.
Focusing solely on breaking even will only make you more conservative and less daring to seize opportunities.
If you want to change the outcome, you must first change your mindset.
Don’t always think about breaking even, and don’t just focus on small profits.
Many times, the poor care more about techniques, while those who truly make money place greater importance on vision and courage.
Those who go far in the market are often not the ones who calculate the best, but rather those with the most stable mindset and the furthest vision.
Follow Mr. Wang, maintain a stable rhythm, and let every trade have a logical basis, slowly growing the account together.