The #交易者训练营 Trader Training Camp can help us understand the basic knowledge of the cryptocurrency market and enhance our overall judgment ability regarding trading coins. As participants in the cryptocurrency space, we urgently need the ability to make comprehensive judgments, paying attention to every detail, and we must not let emotions affect our judgment of the situation.
In cryptocurrency trading, risks and opportunities coexist. Here are some key points that need special attention to help you avoid risks and improve trading safety:
Psychology and Strategy: Overcoming Human Weaknesses
- Refuse FOMO (Fear of Missing Out): Do not blindly chase prices up and down; avoid buying at the peak.
- Keep Learning: Understand technical indicators (such as candlesticks, RSI), market cycles, and do not rely on 'rumors'.
- Keep a Trading Journal: Review successful and failed cases to optimize strategies.
- Beware of Overtrading: Frequent operations may increase transaction costs and amplify losses.
### **Summary Suggestions**
- Newcomers should prioritize spot trading: Familiarize yourself with the market before considering complex tools like contracts and options.
- Focus on Long-Term Value: Short-term speculation carries high risks; the true value of a coin needs to be validated over time.
- Stay Alert and Keep Learning: The cryptocurrency space changes rapidly, regularly update your knowledge, and pay attention to industry trends (such as Bitcoin halving, Ethereum upgrades, etc.).
