Whether in spot or contracts, you must set take-profits and stop-losses. Knowing how to buy isn’t impressive; knowing how to sell is what makes a master. Clearly, this trade is profitable, but it cannot overcome human greed, and in the end, it traps you. Haha, I’m talking about you. I believe everyone has experienced this.

It's the charm of taking profits. Now let me talk about stop-losses; setting a stop-loss is not to make you truly stop-loss but to enhance your capital utilization.

For example, if you are trapped in a position and you cut it off with a loss of 100u, you might believe that over time you can turn the loss into a profit. If you hold on a bit longer, I tell you that even if you eventually turn a profit, you are still at a loss because you have the cost of time invested. Even if you stop-loss, you could put your funds into higher return opportunities. Leverage is not the devil; people are. Some ordinary people hope to multiply their funds by hundreds or thousands, often relying on leverage to chase after what others have profited from. When you hear about this, you surely fear missing out. Haha, the moment you hear the news, it's already too late.

Entering means you're buying at a high position, which is very risky. (Don't have FOMO emotions, and stay away from those who instill FOMO in you.)

Fourth, don’t have faith in any particular coin. Being a 'bad guy' who makes money and leaves isn’t bad at all. Identify the trends, take your profits, and quietly wait for the next opportunity. Don’t think that if you choose the right trend, even pigs can fly. We, as small investors, see the scenery outside when taking off.

Fifth, the first thing to consider is not how to fly higher but how to travel safely. Otherwise, if the wind stops and you haven't left, you'll be the first to fall. (Take profits when available; the circle is not about who makes money faster, but who can survive longer.)

Sixth, there are many stories of mindless gambling leading to sudden wealth, but that's because there are always a few gamblers who win, while losing money is the norm for retail investors in the crypto space. So don’t believe it.

Getting rich overnight, but you must believe in the power of compound interest; it is truly very powerful.

Seventh, those who boast about making a lot of money could be nouveau riche; those who constantly brag about profits are often scammers, while those who keep lamenting their losses are warriors.

Eighth, while claiming to study projects, 90% of participants in the crypto circle have never actually read any project's white paper.

Ninth, chaos is a ladder; there are huge opportunities in crises, but of course, risk is always on the other side of opportunity.

Shendan is still laying out plans every day!

Comment section, hit 9!

No long positions allowed!

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