Before making any transaction, you must determine in advance how much you are willing to lose rather than how much you intend to earn. Only in this way can you have the courage to face Fluctuation and execute your plan without fear.
Trading must learn to be patient and wait
Trading is a game of lurking and waiting. You have to wait for the best opportunity to arise and then take action. Because most people lose money because they can't resist. When you have formed your own trading pattern, you basically succeed when you can tell at a glance whether you can get on board or not.
Slowly, you will find that doing less is better than doing more, and sometimes not doing is better than doing less. Slow is fast.
You need to take out the principal within your affordable range, do not go full position, be cautious, and once you make a move, it represents your own careful consideration.
First: Buy without haste, sell without greed, don't delay stop loss, don't scatter varieties, never go Full Position, go with the trend
Second: big dump, big pump to buy, small fall to buy, not fall not to buy, small rise not to sell, big rise small, big pump to sell half of the position
Third: Opportunities arise from fall, and risks arise from rise. As long as you don't chase the market, the crypto world will always have money-making opportunities. What's lacking is awareness and capital, not opportunities.
The market is more patient than most people, so most people lose money. Only those who are more patient than the market can make money in the market.
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