In the circle of cryptocurrency trading, which is full of challenges and opportunities, I have witnessed many misfortunes caused by careless operations. The following is my valuable experience carefully compiled to help everyone avoid similar difficulties:

1. Adhere to the principle of idle money investment and stay away from loan traps. Use idle funds beyond your ability to bear risks to invest, avoid investing funds for life necessities or future plans in high-risk markets, and do not borrow money for investment due to impulse, so as not to fall into an irreversible situation.

2. Use leverage with caution, as most people find it difficult to control its risks. Although leverage can magnify gains, it can also magnify losses. For most people, due to lack of sufficient experience and self-control, the use of leverage is often easy to get out of control, resulting in serious financial losses. Therefore, if you are not a professional, it is recommended to stay away from high-leverage transactions.

3. For contract trading, stop loss first. When conducting contract trading, it is crucial to set a reasonable stop loss point. Stop loss is not only an effective control of risk, but also the key to protecting the principal and avoiding major losses. Remember, stop loss is the lifeline of contract trading and is indispensable.

4. Formulate and implement a clear investment plan to avoid blindly following the trend. Each investor should formulate clear investment strategies and goals according to his own situation, rather than blindly following the advice of others or market rumors. Maintaining independent thinking and following your own investment plan is the cornerstone of steady profit.

5. Be content with what you have and avoid greed traps. The cryptocurrency market is like the ocean, with unpredictable fluctuations. Trying to eat from the "head" to the "tail" is often unrealistic, because the "tail" is often accompanied by more risks and uncertainties. Learning to stop at the right time and retain profits is a wise choice. Eat seven points full and wear three points cold.

6. Buy in batches to reduce psychological pressure; stop profit in batches to lock in profits. When the market is sluggish, gradually building positions by buying in batches can effectively reduce the average cost and reduce the psychological pressure brought by one-time investment. Similarly, when the market is high, adopting a strategy of stopping profit in batches can ensure that part of the profit is pocketed and have the opportunity to continue to enjoy the additional benefits brought by the market rise. This can not only avoid missing the market, but also effectively control risks.#ETH🔥🔥🔥🔥 #ENA走势分析 #BTC☀