Why do I dare to increase my position during a market crash? Why can't your 10,000u earn 100,000u?
Actually, there is a counterintuitive indicator that allows me to profit during a major market downturn.
1: Protecting principal is the first priority. If you lose all your capital, there will be no chance to recover. It’s better to earn less but to preserve your principal first. Always leave some room.
2: Avoid frequent trading; making a few correct big trend trades a year is enough. Greed can lead to significant losses!
3: Control your emotions: 99% of people lose to human nature; fear and greed are the biggest enemies. The more the market rises, the more people want to buy; the worse it falls, the more people want to sell. However, true experts do the exact opposite.
4: Be willing to make money in a bull market, and be ready to hibernate (dollar-cost averaging) in a bear market. In a bull market, you must be willing to sell; don’t always think about squeezing out the last dollar. In a bear market, be willing to refrain from trading; don’t let market fluctuations shake you out.
5: The layout cycle is more important than short-term predictions. If you only want to trade short-term, you will constantly be influenced by market emotions. But if you can extend the cycle and focus on your layout, you will find that market cycles are more regular than short-term ups and downs.
6: Mainstream assets are the cornerstone of long-term wealth. Bitcoin and Ethereum have gone through multiple rounds of bull and bear tests, and long-term holding is more stable than short-term trading returns.
7: Investing in yourself is more important than investing in coins. The market is always changing, and past experiences may not apply to the future. Continuously learning new knowledge is essential for surviving longer in the market.
8: Don’t touch unfamiliar coins; focus on what you are familiar with to ensure a higher chance of success!
9: When most people are optimistic, it is often when risks arise. Remember this and don’t let yourself become a bag holder!
10: Making money in trading is not about luck, but about having more patience than others, understanding the market better, and being able to control your emotions. The real "wealth-building secret" is not about getting rich once, but about surviving long enough to wait for the bull market to come, and you will naturally become wealthy.
