Yunbin's experience over the years!

I used the dumbest method of speculating in cryptocurrencies, and the current winning rate is close to 100%! (Must read for all crypto traders)

1. Don't be greedy, pick one or two coins to play with first

There are so many virtual currencies in the cryptocurrency circle, dozens or even hundreds of them. But we small retail investors have limited energy and not much money, so don't think about speculating in everything. It's best to focus on 1 to 2 coins, and 3 at most. If there are more, you will be too busy. When the market is urgent, buying or selling depends entirely on your feelings, and you have no time to judge. As a result, you are prone to mistakes when you panic. Concentrate on getting one or two, and slowly understand it, which is better than anything else.

2. Don't move blindly when the price rises wildly and falls sharply

When the market rises sharply, do you feel that "this coin is going to double, and getting rich is just around the corner"? There is only one thought in my mind: "Quickly recharge money, buy, buy, buy!" On the other hand, when the market plummets, I feel "It's over, it's going to fall, sell it quickly!" At this time, my heartbeat speeds up, I am in a hurry, and I am most likely to do stupid things. My suggestion is: when the rise and fall are too crazy, just don't move, calm down and watch, don't be led by emotions.

3. Don't throw all your money in, your mentality must be stable

Don't go all-in (full position) when speculating in coins, it is best to keep half or one-third of the money in your hand. In this way, you can cover your position when it falls, and you can add some code when it rises. If you bet too much money, you will be happy when it rises, and you will be panicked when it falls. Once your mentality collapses, all decisions will be deformed. Leave some room for yourself, don't force yourself into a corner.

4. Run when you make enough money, don't be greedy, and admit it when you lose money

You have to set a goal for yourself when speculating in coins, such as selling when you make 20%, regardless of whether it will rise later. Many people just want to make a little more money, but they end up trapping themselves. Greed is human nature, and you have to control yourself. The same is true when you lose money. Set a bottom line, such as cutting losses at 10%, and don't just hold on. Many trading platforms can be set up for automatic buying and selling. Set the price and hand it over to the computer. Don't make decisions based on your shaking hands. #美国加征关税 #币安Alpha上新 #CPI数据来袭 #山寨季何时到来 #山寨币交易 $BTC $ETH