Cryptocurrency Survival Guide (Concise Version)
1️⃣ Don't be a victim: Learn to 'lie flat' - Prices are like roller coasters; during bear markets when prices plummet, gradually accumulate (for example, buy some BTC every month with your salary). When bull markets explode, sell in batches; it's 10 times better than staring at the charts all day. Bitcoin has risen higher after every crash in the past 10 years; those who hold on make the most money.
2️⃣ Chasing prices leads to quick losses - See a price spike and rush in? The whales are just waiting for you to take the bait! Last year, Dogecoin dropped from 0.7 to 0.1, and those who followed the trend all got buried. Remember: When the aunties at the market are talking about cryptocurrencies, it's time to run.
3️⃣ Contracts are money-eating machines - A 10x leverage drop of 10% leads to liquidation, harsher than a sports game. In March of this year, a guy shorted BTC with 5x leverage, and suddenly the price surged 20% at midnight, wiping out his 500,000 principal. This is not investing; it's gambling.
4️⃣ Honest person’s investment strategy - 60% of funds in Bitcoin and Ethereum (stable like an old dog) - 30% in mainstream coins (serious projects like UNI/AAVE) - 10% in new concepts (if you lose it, you won’t mind; if you win, treat it like a lottery).
5️⃣ Cash management tips - During bear markets, regularly buy coins with your salary; during bull markets, convert to USD and invest for interest (currently, saving USDC for a year yields 4% interest).
Ultimate Advice
Look at charts less and read more, don’t panic sell when prices drop, and don’t get greedy when they skyrocket. Use time to exchange for space; getting rich slowly is more reliable. Remember: The ones making money in the crypto world are always those who buy and forget their passwords! #芝商所将推出SOL期货 $BNB
