There is a very foolish way, I earned 12 million from 10000!
1. Only participate in the irreversible upward trend of the market
"Only participate in the irreversible upward trend of the market," the market is a fact, it is indisputable and unchallengeable, the trend is irreversible. As investors, we must dare to admit mistakes, correct them at any time, refuse uncertain markets, and engage in trends that even the big players must follow. We must understand the importance of going with the trend.
2. Refuse frequent trading
The casino is open 24 hours, there is no need to trade frequently. There are many logics such as timing, trial and error, and position control. We advocate being like a hunter, patiently waiting for the perfect opportunity, rather than recklessly investing as soon as we see prey.
3. Do not be superstitious about technical indicators
First, we must admit that any technical indicator has its lagging nature.
For example, when the MACD indicator issues a golden cross buy signal, in fact, the coin has already risen once. When the golden cross occurs, you might just be the one picking up the pieces!
4. Buy and forget the cost price
When you go short or long, the cost price has no relation to any future operations. Whether to sell depends on the market trend, and has nothing to do with whether you are still making a profit. If the pattern is good, continue to hold; if the pattern is bad, reduce your position, or even liquidate.
5. Participate with money you can afford to lose
Use spare money to trade coins; investment carries risks. Investors can increase their investment after mastering the tricks of making a profit. Before this, make sure to use money you can afford to lose, as borrowing money often leads to significant losses! #Crypto
6. Withdraw profits on time
Without withdrawing, everything is just a number. Investors in the crypto space are like gamblers who have not left the casino; even if they temporarily earn a lot of money, they cannot be considered winners. Only when you extract cash from the market can you say you came out on top. In the crypto space, withdrawing profits on time is a good habit.
