#数字货币市场回升 Six months ago, I had a friend whose account was about to run out. At that time, he was watching the market every day, following the rise and playing people for suckers when it fell, completely unable to hold his emotions. He texted me: "Is this industry even livable for ordinary people anymore?"$ETH
I replied to him: "It's not that there is no way to survive, it's just that your way of playing has issues." After that, I compiled the traps I had experienced into a few points and threw them to him to try. Two months later, his account stabilized and he even made a little profit. Now let's talk about these experiences: **Don't become a buyer chasing the hot trend** The assets that everyone is calling for are mostly smart money that is pulling out. The time when real profits are made is often during a quiet market phase, gloomy sentiments, and no one is paying attention. **Cash flow is more important than you think** Although the capital is not much, you must hold 30% of cash. When the market adjusts, having ammunition to add new goods is an advantage. Betting everything, when the adjustment comes, you can only watch helplessly. **Bankruptcy is often not due to misjudgment** Most people who lose do not do so because they are looking the wrong way, but rather because of a full bet that leads to disaster. Never place a full bet! Details about short-term trading: When the price is flat, don’t be impatient, observing will be the most reassuring. After the large candle suppresses panic emotions, opportunities can easily arise; After a significant fall, there is often room for recovery. Building a position should not be jumped into at once; entering orders in parts will be more stable. After a significant rise, if it enters a sideways state, remember to take profits in time. These are not quick wealth-building secrets, but rules of life so you don't die midway. Slow down, contrary to what you think, is faster. The cryptocurrency market will not close because you are moving slowly, but it will teach you a painful lesson if you are too hasty. Hold a steady pace, only then can you go further.
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#数字货币市场回升 Six months ago, I had a friend whose account was about to run out. At that time, he was watching the market every day, following the rise and playing people for suckers when it fell, completely unable to hold his emotions. He texted me: "Is this industry even livable for ordinary people anymore?"$ETH
I replied to him: "It's not that there is no way to survive, it's just that your way of playing has issues." After that, I compiled the traps I had experienced into a few points and threw them to him to try. Two months later, his account stabilized and he even made a little profit.
Now let's talk about these experiences:
**Don't become a buyer chasing the hot trend**
The assets that everyone is calling for are mostly smart money that is pulling out. The time when real profits are made is often during a quiet market phase, gloomy sentiments, and no one is paying attention.
**Cash flow is more important than you think**
Although the capital is not much, you must hold 30% of cash. When the market adjusts, having ammunition to add new goods is an advantage. Betting everything, when the adjustment comes, you can only watch helplessly.
**Bankruptcy is often not due to misjudgment**
Most people who lose do not do so because they are looking the wrong way, but rather because of a full bet that leads to disaster. Never place a full bet!
Details about short-term trading:
When the price is flat, don’t be impatient, observing will be the most reassuring.
After the large candle suppresses panic emotions, opportunities can easily arise;
After a significant fall, there is often room for recovery.
Building a position should not be jumped into at once; entering orders in parts will be more stable.
After a significant rise, if it enters a sideways state, remember to take profits in time.
These are not quick wealth-building secrets, but rules of life so you don't die midway. Slow down, contrary to what you think, is faster. The cryptocurrency market will not close because you are moving slowly, but it will teach you a painful lesson if you are too hasty.
Hold a steady pace, only then can you go further.