In the cryptocurrency world, you need to maintain your mindset!
1. Maintain a stable mindset
During the investment process, one should not be overly greedy. Many people may start investing and become greedy after making 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 victories nor discouraged by failures. Only by maintaining a stable mindset can our profits continue to grow steadily.
2. Do not pursue quick profits, focus on steady long-term gains
Although some people may double their profits in a day, for most, achieving a 20%-30% profit in a day is already quite good. We should strive to have our profit curve rise steadily. After all, in a long month, not every moment is suitable for trading.
When the market is good, one can act boldly, but when the market is not favorable, one should learn to remain observant. Many retail investors incur losses not because their skills are inadequate, but because they do not correctly grasp their positions and market conditions, leading to significant losses and minimal gains in their accounts. Therefore, it is important to operate cautiously, learn more, and summarize experiences; only by mastering skills can one achieve stable profits.
Recently, the market has been quite volatile, presenting both opportunities and risks. If you do not have sufficient investment capability, do not take excessive risks. Observe more, learn more, and summarize experiences; only by improving your own abilities can you achieve stable profits.