Three Golden Rules for Guaranteed Profit Operations:
First, when you make money, you must protect your profits. For example, if you buy a coin and it rises more than 10%, you need to be cautious. If it then drops back to your purchase price, sell immediately without hesitation. If you make 20%, you should set a rule for yourself that you won’t sell unless your profit is at least 10%, unless you are certain this is a temporary high point; otherwise, don’t sell easily. The same logic applies if you make 30%; you should at least protect 15% of your profit before selling. This way, even if you can't technically judge the high point, you can let your profits roll in.
Second, when losing money, you must decisively stop the loss. If you buy a coin and it drops 15% (you can set this number yourself, but 15% is a suitable reference), then you must quickly cut your losses and exit. This is to stop the loss in time and prevent getting deeper into trouble. If it rises afterward, that’s fine; it means you chose the wrong entry point this time, and mistakes have their costs, which is a loss. Remember, you must set a stop loss for every trade; this is essential for trading coins.
Third, if the coin you sold drops, buy it back at the original price. If you sell a coin and it drops, but you are optimistic about it, then buy back the same amount of coins. This way, your quantity of coins doesn’t change, but you have more funds on hand. If it doesn’t drop much after you sell and you don’t buy back, and later it rises back to your selling price, you must unconditionally buy it back.
Although this may waste some transaction fees, it can avoid many missed opportunities. This principle can be combined with the stop-loss principle: buy back when it rises to the original price, and if it drops again, stop the loss. If you do this multiple times and find that the price of this coin is consistently unstable, then you need to choose a new entry point. In short, short-term trading in coins must adhere to principles; quick entry and exit does not mean random fussing, chasing hot trends does not mean blindly crashing, securing profits does not mean being timid, and being in cash does not mean exiting the crypto space. Don’t get too hung up on the lowest and highest prices for entry and exit points; just being close is fine.
Many people regret selling this
#puppies币 too early; I want to say that the real bull market has not yet arrived at
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