Taboos in the Cryptocurrency World

Tips and Strategies for Trading Cryptocurrencies

Taboos in the Cryptocurrency World:

1. Do not borrow money to trade cryptocurrencies, do not borrow money to trade cryptocurrencies, do not borrow money to trade cryptocurrencies,

If you borrow money to trade cryptocurrencies, it shows you have a gambler's mentality, and in the end, you will lose everything.

2. Do not go all in with leverage, do not go all in with leverage, do not go all in with leverage,

Leverage +, going all in, gambler's mentality, and in the end, you will lose everything.

3. Do not trade cryptocurrencies on small platforms, as most small platforms are internal exchanges.

Internal exchanges are just manipulating the charts; your money does not enter the market but goes into the accounts of those shell companies.

The rules of the game determine that most outcomes of leverage are destined to go to zero, and the capital behind it loves to see a bunch of retail investors going all in with leverage because the next moment, the money will fall into their pockets!

What if? What if going all in wins?

This market is a battle of wits and courage against the brokers; principles combined with patience can allow you to feast on the profits, but you're also eating the losses of other retail investors. It is not a fair game in itself.

What if going all in wins? Even scarier, you will feel like a god; once you win, there will be countless times, and the money you gain will ultimately go back in.

As for those myths of sudden wealth, just listen to them; in the words of a certain expert, this world is just a makeshift stage, where do so many myths come from!

When it goes sideways, and suddenly drops, it must be a small drop, and after dropping, it will rise. When it goes sideways, and suddenly rises, it must be a small rise, and after rising, it will drop.

Sideways movement is a state of accumulation at the bottom. There is a question that has not been addressed before: why do brokers prefer sideways accumulation?

When brokers start accumulating at the bottom, due to the continuous buying of chips, the market's purchasing power increases, and the supply correspondingly decreases, leading to a rise in price.

Therefore, after brokers enter the market, prices will no longer create new lows. This statement is very important #鲍威尔发言 #加密概念美股 #以色列伊朗冲突 #我的交易风格