In the cryptocurrency space, you need to maintain your mindset!

1. Maintain a stable mindset

During the investment process, one should not be overly greedy. Many people, when they first start investing, may become greedy after gaining some profits, thinking they are invincible. However, this mindset often leads to failure. We must learn to overcome this greedy mentality, being neither proud of victory nor discouraged by failure. Only by maintaining a stable mindset can our profits continue to grow steadily.

2. Do not pursue excessive profits; be prudent and long-term

While some people may double their profits in a day, for most, a 20%-30% profit in a day is already quite good. We should strive to make our profit curve rise steadily. After all, during a long month, not every moment is suitable for trading.

When the market is favorable, one can act boldly, but when the market is unfavorable, one should learn to remain observant. Many retail investors incur losses, not because their skills are inadequate, but because they do not properly grasp their positions and market conditions, resulting in larger losses and smaller gains. Therefore, one should operate cautiously, learn and summarize more; only by mastering the skills can one achieve stable profits.

Recently, the market has been highly volatile, presenting both opportunities and risks. If you lack sufficient investment capability, do not take excessive risks. Observe more, learn more, and summarize more; only by improving your abilities can you achieve stable profits.