"I have the courage to admit my mistakes. When I realize I've made a mistake, I correct it immediately, which is very helpful for my career." George Soros

"Ignoring market conditions and trading impulsively every day is a major reason why many Wall Street traders lose money. They try to do other jobs, expecting to make a profit every day. There is no better teacher than losing money. When you learn how not to lose money, you start learning how to make money." Jesse Livermore

"Most rookie retail investors hold on stubbornly when their losses are still relatively small. They could have exited with minimal damage, but due to emotions and human nature, they persistently delay, causing their losses to grow larger and ultimately suffer heavy losses."

"Big money does not exist in the daily small fluctuations of the crypto world; big money only exists within the overall trend. Therefore, you need to determine the direction of the overall trend."