I have been trading cryptocurrencies for 10 years, and it was only 6 years ago that I discovered a trading system that suited me, and it was thanks to the guidance of experts that I had my epiphany!
1. Invest with spare money: When investing in cryptocurrencies, only use the money you can afford to lose. Never borrow money or take out loans to trade cryptocurrencies, as this involves too much risk.
2. Carefully select valuable coins: When choosing investment projects, carefully select those with potential 'valuable coins' and develop a reasonable asset allocation plan. This is the so-called 'Sunny Investment Strategy+', which makes your investments more stable.
3. Gradually enter to cope with pullbacks: After entering the market, it is normal to encounter price fluctuations or pullbacks. Therefore, reasonably allocate your funds and buy in batches to reduce risk.
4. Diversify investments to lower risk: Do not operate with all your funds. Distribute your capital among different projects so that even if one project encounters problems, other projects can help you share the risk.
5. Stay informed: Regularly check news updates in the market and the latest trends in finance and economics, so you can capture investment opportunities faster and make money more quickly.
6. Follow the trend, do not confront directly: When investing, do not confront the market trend or major players directly. Learn to follow the market trend and act accordingly, which will help you better seize investment opportunities.
7. Use contracts cautiously: If you choose to engage in contract trading, be sure to control the leverage ratio. It is recommended to use leverage of 20 to 50 times, and do not easily go for 100 times leverage. Steady profits are the key.
8. Strictly control positions, avoid reckless operations: Position control is critical in investing. In uncertain situations, do not operate recklessly. Not operating means there is no risk, and thus you won't lose money. At the same time, regularly check your asset status to ensure proper management.
9. Stay calm, clarify entry and exit strategies: Maintaining a calm mindset during the investment process is very important. Know when to enter the market and when to exit. Your experiences in the market will help you grow continuously; your mindset is more important than actions.
In life, one must go through ups and downs to achieve great enlightenment! As long as you don't give up, the more you try, the closer you get to success. What is great in life is not having done something, but dedicating your life to doing one thing.
These days I am preparing for the launch of a divine order.
Comment 168 to get on board.
Impermanence brings impermanence brings impermanence.
$BTC
