How can one survive in the cruel cryptocurrency world and change their fate?
Fundamental rules for making money in cryptocurrency
1. Learn to control risks
Low risk and strong sustainability are the only keys to profit. Preserve people and lose land, both people and land will survive; lose people and preserve land, both people and land will be lost. Surviving through high uncertainty in price fluctuations is the hope for profit, and try to avoid situations where minor fluctuations lead to liquidation.
2. Timely reception of news
The market has a blind nature; no one can know what will happen in the future. Once certain events occur (such as the Federal Reserve raising interest rates, Russia-Ukraine ceasefire), it is crucial to understand and assess their impact on the cryptocurrency market (such as favorable conditions).
3. Improve self-awareness
Cultivate dialectical thinking of opposites and cycles of prosperity and decline, "things may either lose from their gain or gain from their loss"; no entity can remain at a high point indefinitely, nor will it always be in a low valley. Grasp the general direction of the cryptocurrency market well to increase the cumulative nature of operations.
