💡 If you want to profit in the crypto world, you must remember these rules:
1️⃣ Don't chase highs and sell lows
When I first entered the market, I would always watch the K-line and rush in, resulting in either buying at a high or selling at a loss. Later, I realized that going with the trend is the correct approach. Follow the upward trend, observe during fluctuations, act less but when you do, be precise.
2️⃣ Position management is the bottom line
In the past, I would go all in, and one unexpected piece of news would wipe out everything. Now, I strictly control any single investment to no more than 5% of my total funds. Keep some bullets in reserve for a chance to bounce back.
3️⃣ Stop-loss is a lifesaver
Losses are not scary; holding onto a losing position is the real deadlock. Set a stop-loss, and when it hits, cut it off; by preserving your capital, you earn the right to talk about the next wave of profits.
4️⃣ Continuous learning + persistence
The market changes every day; relying solely on intuition will eventually lead to market education. Keep learning, keep practicing, and accumulate gradually; you will find that profit comes naturally.
Remember: The crypto world is not a casino, but an endurance race.
No matter what size of investment you are making, as long as you adhere to the rules, opportunities will come sooner or later.
