I have been trading cryptocurrencies for seven or eight years. The reason I have been doing relatively well in the crypto space is that I have organized my early trading discipline and insights, hoping to be useful to everyone.
1. In fact, the most important thing in trading cryptocurrencies is mindset. Many people clearly know it's not the right time to buy, but they can't resist the urge; this is a mindset problem. If you don't solve this, any theory is useless.
2. The mindset must be stable, and you shouldn't have emotions towards any cryptocurrency or price levels; only focus on market signals. You should have emotions towards entry and exit points. If your skills are good and your capital is large, for example, if you can operate on a 30-minute timeframe, then there's no such thing as being too late.
3. The reasons for mistakes are always unrelated to the market. To find the reason, you can only look for your own reasons; every mistake must be summarized immediately.
4. The eagerness to make money is a big taboo for us traders. If you can't even control your own heart and can't manage your greed and desires, you cannot achieve long-term success in the market. There are two forms of emptiness: when you hold cryptocurrencies, your thinking is controlled by the bulls; conversely, you are a slave to the bears. The market's emotions are accumulated and guided by this. Those who cannot break free from this state will forever remain false market participants.
5. Trading cryptocurrencies tests long-term profitability, not the ability to make a sudden profit. The key is a long-term effective trading strategy. When buying, you need to consider various situations. Holding should be resolute, and selling must be even more resolute; this is how you can gradually improve. You are trading cryptocurrencies, not the other way around; start with yourself.
6. The virtual currency market only rewards those who are patient; any good cryptocurrency needs to be nurtured. Constantly switching to new coins will guarantee that you will always have small capital and minor gains. Focus a little; running around every day will definitely not lead to big profits.
7. Dance to the rhythm of the market. As long as you follow the market's rhythm, you can walk gracefully on the edge of a knife. Rhythm is always the market's rhythm. A market participant without a sense of rhythm will always face torment. Let go of your greed and fear, and listen to the market's rhythm. As long as you can follow the rhythm, no one can stop you. The market has a rhythm; seize the current rhythm, and no one can defeat you.
8. Those who play with capital must remember that the power of compound interest is the greatest. As long as you have a good mindset and skills, compound interest is inevitable, and this can conquer everything!#非农就业数据来袭
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