I recognize a common problem: most people still trade based on intuition, allocating capital irrationally, leading to losses or an inability to optimize profit opportunities.
Trading crypto is like going into battle; you cannot just rush in without a strategy. Before entering a trade, it is essential to understand yourself (risk tolerance, goals, resources: capital, skills, time) and understand the market (the playing fields, various ways to make profits), then develop a specific plan.
Plan: Determine (the) trading strategies, allocate capital for each strategy.
Do: Execute the plan with discipline, avoid FOMO.
Check: Monitor effectiveness, evaluate strategies based on actual data.
Action: Adjust and optimize to improve performance.
The market is still too difficult to trade; my BTC plan is still very accurate, but I also start to make mistakes when betting on tokens, and when I make a mistake for the second time, I will sit down to reassess the method and "action."
The market is not for those who trade carelessly. If you want to maximize profit, trade with a strategy!
