Rules for Long-Term Survival in the Crypto Space
🔸In the cryptocurrency market, summarized trading strategies and mindset management to reduce risk and increase profit probabilities.
Mindset First: Stay calm, avoid trading driven by greed or fear. Set profit and stop-loss points, and strictly execute them.
Capital Management: Only invest spare money, diversify positions, and never operate with high leverage on the entire capital.
Trading Strategies:
Focus on Spot Trading: Buy mainstream coins (like BTC, ETH) and hold them long-term, suitable for beginners.
Focus on Contracts: Use the rolling position principle, learn to survive first before having the opportunity to gain more.
Follow the Trend: Follow the trend, do not chase highs.
Rest Principle: After a big gain, take a break with no positions for a while.
Continuous Learning: Research strategies, learn more.
Core Reminder: There is no “forever profitable” secret in the crypto space; in a highly volatile market, strategies are null!
Major Trading Taboo: Reduce the number of trades, avoid frequent openings.