The ultimate reason why most people lose money in the cryptocurrency market and can't earn money.
Now the retail project teams in the crypto market are anxious, wishing that a coin would immediately skyrocket by a hundred, a thousand, or even ten thousand times, allowing them to exit freely. Either that or they are waiting for big names like CZ to mention them. I used to be like this too, losing money like a madman, chasing trends everywhere. My current mindset is to hold continuously; either build or patiently wait, do whatever needs to be done. Our ancestors said that if you rely on the mountains, the mountains will collapse; if you rely on people, they will run away. If you were that lucky, you would have gotten rich early on. Even if a big name mentions you, it doesn't guarantee profit. When a big name mentioned BTC and BNB, did they make money? They didn't manage to hold on either. Then they started trading contracts, facing various liquidations... and then all kinds of emotions erupted. Cursing heaven, cursing the earth, cursing the air. Why should you expect to achieve in one day what others have worked hard for over ten years? I suffered a loss of over ten million, and after two years as a practitioner, my mindset has calmed down. Contracts can be leveraged ten times; I've held them for a long time. A coin can be held without moving for one or two years. I bought APX on July 27, 2023, at 0.03, and I have held it for two years. At that time, I told many people that there would definitely be a decentralized exchange on BSC, and APX's trading volume ranked first at that time. Sure enough, good results came this year.
With the current hype, I hold in Chinese #Bitcoin
I was early, and I participated in the construction. I know clearly that without a core, it won't go far. To forge iron, one must be strong oneself. Once there is a core, plus the big names' added support, that is when success happens.
I hope this is useful to everyone.
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