To avoid becoming a 'leek' in the cryptocurrency space, the following points are worth remembering:
Don’t rush to get rich: The mindset of getting rich overnight easily leads to impulsive trading and high-risk decisions.
Small multiple trades: Diversify risks, reduce large one-time investments, especially during market fluctuations, which makes it more prudent.
High returns, stay cautious: Even if monthly income is considerable, market risks still exist, always maintain risk awareness.
Contract trading must have stop-loss: Strictly set stop-loss levels to control potential losses, and avoid letting losses expand.
Hold coins with patience: A mindset of quick profits is not conducive to long-term gains, maintain patience during market consolidation.
The market is a zero-sum game: Every profit you make comes from someone's loss, treat profits rationally.
Invest with spare money: Investing with spare money is psychologically more stable, can cope with short-term fluctuations, and avoids emotional reactions.
Be cautious with plummeting coins: Coins that drop by dozens of times often have lost support; in contrast, high-quality coins that drop around tenfold are expected to rebound in a bull market.
Remember these principles to help you walk more steadily and further in the cryptocurrency space.