The most important points in the cryptocurrency world that everyone must remember! 💪💪
1. Prioritize debt management: Do not fantasize about covering debts with investments. First, solve survival issues, create a reliable repayment plan, and achieve psychological peace; this is the premise of everything.
2. Knowledge is your best leverage: In the cryptocurrency world, the only safe leverage is your understanding. Before investing real money, invest time in learning.
3. Respect the market, avoid gambling: Never invest money you can't afford to lose, and definitely do not use leverage. Contracts and leverage are tools for professionals; they are meat grinders for ordinary investors.
4. Embrace core assets: BTC and ETH are “index funds” with minimal risk. Altcoins are “individual stocks” with extremely high risk. Use a large portion of your assets to invest in “index funds.”
5. Have cash flow: Whether from a job or side business, ensure a stable cash flow to enter the market. The power of dollar-cost averaging lies not only in smoothing costs but also in ensuring you always have bullets.
6. Strategy is greater than prediction: No one can predict the market forever. Establish a good investment strategy (like dollar-cost averaging + take profit and stop-loss) and strictly execute it; this is far more important than believing news.
Remember these experiences and keep them in mind!!
A few last points 🫡🫡🫡
1. Only invest spare money 2. Always DYOR 3. Safety first
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#美联储重启降息步伐 Your circle determines your life. A pot of stinky fish and rotten shrimp, can the taste be good??
币圈第一反骨仔
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The dentist is going to blow up again, with a peak of 1W reaching up to 6WU. Shorting against the trend again, and about to lose everything. I feel sorry for those big players who followed the trades. I don't know how many more people have blown up; there are still many wealthy people in the crypto world.
Today's live analysis. No matter what happens tomorrow and in the early morning, we have strategies to cope. So there's no need to rush cooking; just wait for the right opportunity to do it!
Old Bao's: Trust is the foundation of a nation. This statement is worth pondering!! "Trust" indicates that in Old Bao's view, the current market conditions are not suitable for a rate cut in December. If the next term is presided over by Hassett, the risk of inflation will increasingly grow, and it could also be a precursor to a deep bear market...
The market is chaotic, with significant divergence between the 15-minute line and the one-minute line. The direction of volatility is unclear. This morning, U.S. stocks ended their rise, adding another element of uncertainty to the situation. Tonight, I will continue to prepare for short positions.
Today's live analysis: today's live trading has made another 140 points. Isn't it better than some useless blogger who opened at 2820?? Just relying on holding positions is pathetic...
U.S. stocks are showing signs of recovery, but the cryptocurrency market has not followed suit. This morning, after a wave of trading, it is even more evident. U.S. stocks are likely to pull back tonight after rising too much. If U.S. stocks go down, the cryptocurrency market will follow. Just hold your short positions, brothers.