$BTC

In Bitcoin trading, the key to success lies in risk management, emotional control, and a long-term perspective. Here are some core insights:

Risk Management

Avoid using leverage: Bitcoin prices are highly volatile; leverage can lead to significant losses or even liquidation.

Invest with spare money: Only trade with spare funds to avoid affecting your quality of life due to market fluctuations.

Position control: Avoid full position trading; allocate positions wisely based on market conditions to ensure capital safety.

Emotional Control

Counter-cyclical operation: Stay calm during market panic, avoid blindly following trends, and look for opportunities to buy at low prices.

Patient waiting: Avoid impulsive trading due to short-term market fluctuations; patiently wait for the right timing.

Long-term Perspective

Ignore short-term fluctuations: Focus on Bitcoin's long-term potential, and avoid being disturbed by short-term price movements.

Long-term holding: Historical data shows that long-term holders typically achieve better returns.