“What separates the consistent winners from everyone else?”
The consistent winners, the five percent, profit consistently from the other ninety-five percent. They’re systematic and ruthless.
If you sit down in front of your computer, fund an account and begin trading in cryptocurrencies (or any other financial market) without an understanding of edge, position size and money management, the odds are high you are going to become a fully paid-up member of the 95% club.
You might as well take your seat at the slots in your local casino.
Perhaps you’re thinking, you’d never play the slots because it’s a mug's game.
If you start trading cryptocurrencies without an understanding of your biases, (and how they affect you), and without understanding your edge, you might as well be sitting in front of the video game reels pressing the bet button.