Are you still breathing???

Since yesterday, the crypto market has been as volatile as a ghost. BTC dropped to 78k and then bounced back to 84k in a short time. Those who used high leverage were all liquidated, even getting liquidated on both ends – longs were swept, shorts also disappeared. This is not the first time and certainly won't be the last time.

As a trader, the most important thing is to survive before thinking about profits. Leverage is not bad, but if used incorrectly, it will kill your account. Below are three hard-learned lessons that everyone needs to remember:

1. Low leverage – live longer

You may win a few trades with high leverage, but just one strong fluctuation can wipe your account clean. If you want to survive long-term, reduce your leverage. The safest level is below 5x, and always set a stop-loss.

2. Discipline is more important than feelings

Don't let the market control you. Set a target, and once reached, take profit. If you hit your stop-loss, stop. No revenge trading, no FOMO. Without discipline, sooner or later you'll lose everything.

3. Control your mindset – don't let the market lead you

When you win, don’t think you’re great. When you lose, don’t lose your composure. Remember, the market always has opportunities, but only for those who are patient and can control their emotions.

Crypto is not a place to get rich quick. If you don’t want to become “liquidity” for others, trade smartly and stay alert!

I’m trying to be a leader in copy trading. If you’ve read this far, please give me a flow into copy trading and simulate to observe my profits! Thanks!