Some trading quotes for sharing
These crypto quotes are simple and easy to understand, allowing people to quickly grasp the key points of trading.
1. The crypto market is not an ATM; don't treat your capital lightly. Before entering the market, assess your risk tolerance.
2. Going all-in feels great for a moment, but liquidation can be devastating. Don't rush to fill your entire portfolio; leave some capital for a chance to recover.
3. Chasing highs and panicking during lows is the typical behavior of novice investors. When you see prices rise, you get excited; when you see them fall, you panic. If you don't cut losses, who will?
4. Don't be fooled by those stories of overnight wealth. In the crypto world, if you can preserve your capital without losing it, you've already outperformed most people.
5. Don't take everything you hear as gospel; just because someone says something, it doesn't mean it's true. In the crypto space, you need to have your own judgment and conduct your own research (DYOR).
6. If you can't hold onto your coins, no matter how much you earn, it's all in vain. Buying today and selling tomorrow won't even cover your transaction fees; how can you talk about making money?
7. Trading contracts is like walking on a tightrope; if you don't have the skills, don't attempt it lightly, as a small mistake can lead to devastating losses.
8. Altcoins may rise rapidly, but they can also drop to zero just as quickly. If you're inexperienced, it's better to hold onto Bitcoin and avoid those flashy altcoins.