1. Avoid relying on luck and hesitation: relying on luck will often increase your investment risk, while indecision may make you miss the best investment opportunity.
2. The importance of swing trading: If long-term trading is about steady wealth growth and short-term trading is about flexible profit capture, then swing trading is like a dazzling diamond that can bring you unexpected returns.
3. Avoid full-position operations: Do not invest all your funds in the market. This will help you maintain a calm mind and also provide you with more room for operation.
4. Eat the middle part of the fish: choose the best time to invest and avoid taking risks at the beginning and end of the market.
6. Avoid frequent operations and indecision: Frequent operations may cause your funds to be lost rapidly, while indecision may cause you to lose money slowly in the market.
7. Mindset, strategy and technology: In cryptocurrency trading, mentality is the most important, strategy is the second, and technology is the basis to support your operation.
8. The law of market development: Markets often arise in despair, develop in hesitation, and end in madness. Understanding this will help you better grasp the market rhythm. #币安7周年
9. Avoid greed and fear: Greed is a big taboo in investment. It may make you ignore risks, while fear may make you miss opportunities. #小白必知
10. Cash is king: Opportunities come from falling prices, and speculating in cryptocurrencies is actually speculating in the future. But remember, cash is your last line of defense.
$11. Importance of stop loss: If you do not set a stop loss when trading cryptocurrencies, you may face huge losses once the market reverses.