炒币老是亏经验和教训分享

Those who can survive in cryptocurrency trading until the end will not be lacking.

So the first principle of trading is to ensure that you can survive in any market condition, and that you can survive without suffering significant losses.

You only need to achieve the following:

1. Strong position management skills
2. Have a reasonable stop-loss
3. Maintain the mindset to execute the first two (overcome human greed)

#炒币日记 #炒币人的心态 #炒币是一场修行 #炒币老是亏经验和教训分享

$BTC
$ETH
$SOL

#炒币老是亏经验和教训分享
Share the following investment lessons:
1. Contract investment
Adhere to investment principles: Do not easily violate your established investment principles. Investors should adhere to the principles and not be blinded by short-term interests.
Use leverage with caution: Leverage has the dual role of amplifying returns and risks, and must be used with extreme caution. Investors should fully assess their risk tolerance, reasonably control leverage multiples, and avoid excessive leverage.
Fully assess risks: Before investing in contracts, comprehensively assess the potential risks of the platform and the market. Do not blindly increase your position just because of the platform's innovation or initial profitability. Be fully prepared for various situations that may occur in the market, including black swan events.
2. Hot spot investment
Avoid blindly chasing highs: In AI agent investment, investors should not blindly follow the trend and chase highs, but should calmly analyze the sustainability and valuation rationality of hot spots.
Maintain independent judgment: Do not rely solely on various monitoring tools, big V remarks or so-called "smart money". For example, in the $Trump investment, although the author had various monitoring methods, he still missed the best time because of sleeping, and later suffered losses because of blindly believing in the coin issuance event and his own judgment. Investors should have their own independent thinking and judgment, and should not blindly rely on external information.
3. Investment in altcoins
Control risk preference: In the investment in $ Pnut, because of the quick profit of 1M in the early stage, the operation became aggressive, the risk preference increased, and the investment share in altcoins was increased, which eventually led to the overall capital withdrawal. Investors should not be overconfident because of short-term profits, and should always maintain a reasonable risk preference to avoid excessive risk.
Timely stop profit and stop loss: In the investment in the Argentine president's coin issuance, when the profit reached 50%, he hesitated to sell it in time due to factors such as transaction tax. Later, when he lost money, he did not stop loss in time due to loss aversion, which led to further expansion of losses. Investors should set reasonable stop profit and stop loss points, and execute decisively when the goal is reached, and not be swayed by emotions.
In-depth research on the project: When investing in altcoins, you cannot blindly invest just because of a certain event or hot topic. You must conduct in-depth research on the project's background, team, development prospects, etc.

#炒币老是亏经验和教训分享
There are many reasons for significant losses caused by cryptocurrency trading. Here are some common factors:

Short-term Thinking

Frequent Trading: Many investors often engage in short-term operations, frequently buying and selling cryptocurrencies. This not only increases transaction costs but may also lead to missing out on long-term gains.

Chasing Up and Selling Down

Emotional Trading: Driven by market sentiment, investors often blindly chase prices when they rise and panic sell when they fall. This behavioral pattern can easily lead to substantial losses.

Insufficient Understanding

Blindly Following Trends: Lacking a deep understanding of investment targets, believing in rumors or recommendations from others, resulting in investment decisions lacking rational basis.
Restlessness

Expectation of Getting Rich Overnight: Many investors enter the cryptocurrency market hoping to achieve financial freedom through short-term high returns but lack lasting patience and calm judgment, making them susceptible to market fluctuations.
Lack of Investment Knowledge

Not Learning: Lacking a basic understanding of cryptocurrencies and blockchain technology, unable to effectively assess investment opportunities and risks, leading to poor investment decisions.
Lack of Sound Investment Philosophy

Lack of Long-term Perspective: Not having a clear investment plan, making investment decisions solely based on feelings, unable to cope with market fluctuations, ultimately leading to losses.

Over-Leveraging

High-Leverage Trading: Amplifying trading scale through borrowed funds may increase returns but also magnifies risks. Once the market fluctuates, it can easily lead to liquidation.

Information Asymmetry

- Market Manipulation: The cryptocurrency market lacks effective regulation, insider trading and manipulation occur frequently, and ordinary investors are easily deceived by large players and manipulators, resulting in losses.