The most important thing in the cryptocurrency world is to master the following 14 principles:
1. Do not expect to escape risks by luck; that will only trap you deeper. Also, do not hesitate and miss opportunities; opportunities do not wait for anyone.
2. Long-term investments are as stable as gold, short-term operations are as flexible as silver, while swing trading is like a dazzling diamond; if grasped well, it can yield more profits.
3. Leave some room for yourself, maintain a calm mindset to flexibly respond to market changes.
4. Investing is like eating fish; do not be greedy, and always leave some profit for others.
5. Ordinary buying and selling easily lead to losses, while indecision is a slow bleed; both should be avoided.
6. The most important thing in investing is mindset; staying calm enables you to make wise decisions.
7. Markets often appear in despair, develop in hesitation, and end in madness; learn to enter and exit at the right times.
8. Greed will consume profits, while fear will cause missed opportunities; controlling emotions is key to steady profits.
9. Opportunities are often hidden in market downturns; having cash on hand prepares you to seize the opportunity at any time.
10. Have confidence when buying, patience when holding, determination when selling, and seize the opportunity to act.
11. Do not be superstitious about indicators; they are only useful to those who understand them and may mislead those who do not.
12. Always set stop-loss points to keep losses within an acceptable range.
13. When everyone is afraid, it may be the time to buy; when everyone is crazy, consider retreating.
14. Beginners only look at price fluctuations, veterans focus on changes in trading volume, while experts can perceive market trends; continuously improving oneself is how to become a winner.
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