Cryptocurrency Trading Insights

- Trend Following: Once a trend is formed, it is difficult to change in a short time; following the trend can reduce risks.

- Light Position Principle: Position size affects mindset; keeping a light position can maintain rationality and avoid decision-making errors due to heavy positions.

- Contentment is Key: Greed is the enemy of trading; being content leads to preserving profits and not being swayed by desires.

- Stop Loss to Protect Profit: Protecting the principal is more important than making money; setting a stop-loss point is crucial for safeguarding capital, and do not allow losses to expand.

- Objective Trading: Discard subjective assumptions, strictly follow trading rules, and base decisions on objective market signals.

- Patience and Waiting: Trading requires overcoming impatience; patiently waiting for the right opportunity avoids impulsive entries.

- Increase Position on Profit: Profit indicates the direction is correct; moderate increase in position size is acceptable; averaging down when in a losing position is wrong; one must timely acknowledge mistakes and exit.

- Calm Mindset: The essence of trading is a struggle between human nature and mindset; a calm mind can better cope with fluctuations and stay away from worries about gains and losses.#以色列伊朗冲突 #GENIUS稳定币法案 #鲍威尔发言 #BTC #ETH