People say that becoming a trader is easy, just short long, profit, withdraw.
The fact is not like that; many traders lose all their money. It's not because their analysis is wrong, but because they don't think clearly, driven by the desire for profit. Even when PnL reaches 1k, they don't take profit. When the price reverses, they stay silent until liquidation. Hey, this is crypto, very volatile. Once it drops, it's hard to reach all-time highs again. Don't let greed cause everything to go wrong. If you've already made a profit and it's enough for you, take it. Don't be greedy.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
People say that becoming a trader is easy, just short long, profit, withdraw.
The fact is not like that; many traders lose all their money. It's not because their analysis is wrong, but because they don't think clearly, driven by the desire for profit. Even when PnL reaches 1k, they don't take profit. When the price reverses, they stay silent until liquidation. Hey, this is crypto, very volatile. Once it drops, it's hard to reach all-time highs again. Don't let greed cause everything to go wrong.
If you've already made a profit and it's enough for you, take it. Don't be greedy.