In the cryptocurrency world, many people focus on quick gains and new investments that seem like easy money.
But don't underestimate these pathways; a small misstep can wash away the hard-earned principal.
1. Choose the right trading track to save real money. Choosing the right blockchain is like choosing the right 'highway' that can make your trading fast and economical! I prefer the Solana chain, not only because the transaction fees are astonishingly low, but also because the liquidity is particularly good.
Every time I buy or sell, I operate in batches, keeping the slippage and fees strictly controlled within 0.4%.
2. Control your impulses, don't let emotions ruin your wallet. The biggest taboo in trading is being 'overexcited'!
The market can turn faster than flipping a page, and when prices plummet, there's hardly any time to react, leading to painful losses.
Remember, no matter how promising the market looks, don't go all in; build your position in batches and gradually take profits to keep risks firmly under control.
3. Act when it's time to act, don't let hesitation become regret. The most deadly thing while watching the market is not misjudgment but indecision!
When prices fluctuate violently, missing the best selling opportunity means watching profits slip away.
In the cryptocurrency world, time is money. Set your buy and sell points, and execute immediately when conditions are met; even a second of hesitation could lead to major mistakes.
4. Recognize high transaction volume markets, refuse 'liquidity traps'. A common pitfall for beginners is rushing to obscure markets for bargains, only to be 'harvested' by slippage. Coins with low trading volume are like deserted alleys; the buying and selling price differences are outrageous, and even a casual transaction can lead to life-altering losses.
Discipline is your shield, and execution is the true skill of making money!
Stay calm and strictly execute; even in the most dangerous markets, you can carve out your own space!
There are no shortcuts in trading, but with these principles,
you can avoid 90% of the detours!
I am Angel, skilled in medium to short-term contracts and medium to long-term spot layouts. For detailed strategy teaching, contact @Angel.
