When I first entered the cryptocurrency circle, I was also led astray by various "great gods". I thought about buying at the bottom and escaping at the top, and contract all-in every day, but I lost all my principal in a week.
Later, I found that the way to really survive is the dumbest way - don't look at the K-line or chase hot spots, just stick to three things:
Follow the right people, control positions, and keep the rhythm.
Do not be greedy when running profits in batches, and only use small funds to roll contracts.
With this rustic method, 1600U rolled to 20,000U in one and a half months. Watching those who study the long-short battle every day and blow up their positions, I realized that the biggest trap in the cryptocurrency circle is "being smart but being smart".
Don't believe in the myth of getting rich quickly. The position is always lighter than your ability to bear. Run when you need to run for profitable orders.
Those who show off their 100-fold profits every day have long gone cold. Instead, we "stupid people" have become the final winners by relying on mechanical discipline. Remember, in this market, living longer is 10,000 times more important than making money quickly. In the cryptocurrency circle, choice is more important than hard work! Follow the right people, and making money will come naturally!
