Essential Principles for Investment
Trade by Chart, Don't Trade Without Looking: Never place an order lightly without checking the price trend chart first.
Avoid Buying on Good News Hype: Positive news is often a catalyst for market increases, but if the price has already risen significantly at the time the news is released, that is chasing highs and carries high risk.
Don't Try to Catch Falling Coins: Coins that have plummeted aren't necessarily cheap. The downward trend may not be over, and prices could go even lower; never blindly follow the crowd.
Stay Away from Downward Trends: No coin is worth buying in a downward trend, no matter how good it seems. The lower the price, the more complex the underlying reasons.
Maintain Consistency in Trading, Don't Hesitate: If you repeatedly buy and sell under the same circumstances, it indicates a problem with your trading discipline; maintaining stability is key.