Trading cryptocurrency to support my family for 5 years, how to survive in the crypto world for 5 years.
1. Buy the new, not the old; people are always fond of the new and tired of the old, so keep up with the latest market trends. For example, AI, Eastern data and Western computing, did we have this before?
2. Open positions in a bull market and exit in a bear market. Therefore, most of the time, stay in cash; during this time, work or pursue your own business; don't let yourself be idle.
3. Only a big market can bring big opportunities. Markets always have cycles, such as AI, early inscriptions, MEME, etc.
4. The market is always right; the only one who can be wrong is yourself. Firmly believe that you can beat the market!
5. Sell the losing positions and hold onto the profitable ones, let the account profit soar, and cut losses to exit.
6. The more you earn, the more you earn; conversely, the more you lose, the more you lose. When luck is good, do more; when luck is bad, exit the market.
7. Pay attention to strong coins at the bottom, and exit from shanzhai coins at the top. 8. Don't trade strong coins if you lack courage!
