5 Things to Remember When Participating in the Financial Market

- Risk Management: Only invest the amount you are willing to lose. With Bitcoin (BTC) at $84,000 (April 15, 2025, CoinMarketCap), set a stop-loss (for example, $82,000) to limit losses, maintaining a risk/reward ratio of 1:2.

- Thorough Research: Understand the asset you are trading. BTC has a clear price history and technical indicators (RSI, MA) on TradingView, helping to make data-driven decisions, not emotional ones.

- Psychological Control: The market's volatility can easily lead to FOMO or FUD. Keep a trading journal and stick to your plan to avoid impulsive decisions, especially when BTC tests resistance at $88,000.

- Asset Diversification: Don't put all your capital into one asset. Combine BTC with ETH or stablecoins like USDT to reduce risk, as suggested by #DiversifyYourAssets.

- Account Security: Use a cold wallet and 2FA on Binance to protect your BTC. According to Binance Safety Insight, 70% of losses come from personal security errors.

Personally, I am still shorting BTC but still at a loss 😅