I have used the dumbest method for trading cryptocurrencies, and my success rate is nearly 100%! (A must-read for all cryptocurrency traders)

1. Each time you enter the market, do not lose more than 10%.

If your loss reaches 10%, decisively exit the market no matter what! This indicates that your operations have gone wrong, and staying in the market will only lead to deeper losses.

2. Set a stop-loss point and always remember it.

The stop-loss point is your safety rope; although it can be set at 5% or another suitable range, it must exist! This is a reiteration of the first tip to ensure your capital safety.$ETH

3. Never overtrade.

Trading in moderation is important! When the market direction is unclear, do not invest too much capital; moreover, do not trade too frequently to keep your mindset stable.$BTC

4. Prevent profits from turning into losses.

Set a profit protection point to safeguard your profits! When you are already in profit, set a stop-profit point that will not go below your cost, ensuring that your gains do not go to waste.#币圈

5. If in doubt, decisively close your position.

When you cannot determine the market trend, it is wise to exit and observe. Holding onto a position will only plunge you into blind investment, and there is no need to take risks.#币圈暴富

6. Only trade in active markets.

An active market means better liquidity, ensuring your trades can proceed smoothly; choose markets with high trading volumes for buying and selling.#比特币

7. Do not set target prices, follow the trend.

Do not have fixed expectations for market prices; moving with the market trend is the way to go. Remember, do not let target prices bind your hands and feet!#加密市场反弹

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