Day 31 One Month Summary of Cryptocurrency Trading
Overall:
Currently 720u, cost 700u, which can be considered as realizing a profit, although not much.
Process:
Initially entering the market with a liquidation at 150u, then later C2C recharge of 550u with the lowest point only reaching 250u, finally managing to turn things around at the end of the month, this month has been quite twisted.
Reflection:
1. Every trader should have their own trading model and continuously improve it; do not touch things outside your model, as greed leads to overextension, and constantly absorb new information to refine your trading model;
2. Learning is the right path, continuous learning is necessary to keep up with the market pace;
3. Do not pay attention to many influencers in the square boasting wildly; honestly, some people are as bad as dogs yet still boast daily, similarly, do not follow blindly and do not let market emotions affect your judgment;
4. Do not go all in; leave room for error and do not think about doubling quickly; stable compounding is the way to go.
Future Outlook:
First target 1000u, ultimate target 10000000u, will not stop updating until reaching it, unless it cools down.