My friend is really ridiculous —— Four years ago, she invested 6000 yuan into the cryptocurrency market, and in two years rolled it up to 120,000 yuan, but she doesn't even know how to adjust the KDJ!
In contrast, before entering the crypto market, I chased after 'hundred times coins', and paid over 20,000 in fees. In the end, she threw me ten 'no principles', and I followed them for half a year, turning 8,000 in capital into over 60,000 by the end of the year.
The most deceptive thing about the crypto market is: it tempts you with hundred times leverage and then makes you pay hundred times in fees.
I learned the hard way and changed from 'licking blood on the knife edge' to 'cutting meat with a dull knife'. These ten pieces of advice are for the little funds who still want to survive in the crypto market:
Never buy the dip after eight consecutive days of decline; if the group is already sending screenshots of 'project parties running away', I will place my orders.
-- Panic gives discounts for free;
No matter how loudly they proclaim 'universe-level good news', if there are two consecutive days of gains and a bullish candle, I will definitely reduce my position by 30%, letting the remaining profits run free, so that pullbacks won't bite.
If there is a daily surge of over 7%, I will brew coffee and watch the show the next day when it opens high; statistics show that 70% will decline after three years, I'll wait until it drops thoroughly to pick it up;
For the coin that is trending first, I'll blacklist it for two weeks, letting the followers cut each other first, then look at the fundamentals, as the price is often already halved;
For the 'ECG coin' that fluctuates less than 3% in five days, I will directly delete it from favorites, let the funds not be idle, and I won't waste my energy;
If the 3-day line is down, I will go to cash, if the 30-day line is down, I will clear all, if the 80-day line is down? Delete the app and go travel;
If I don't make a profit by the end of the next day after buying, I will cut it immediately!
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