There is a very foolish way to trade cryptocurrencies that almost guarantees a 100% profit. I made over 20 million using this method! $ETH
1. The more you lose in trading, the more cautious you should be when averaging down. Many people become anxious after getting stuck in the crypto market and instead of thinking about exiting, they keep averaging down to lower their holding costs, hoping for a surge to recover their losses. This actually goes against common sense. The process of decline cannot be reversed in just a day or two; averaging down is merely self-comforting. The more anxious you are, the more likely you are to make mistakes, and in the end, you will regret it. Why do they dare to average down at this position? $BTC
2. Operational discipline must be strictly enforced. Many traders will create detailed plans before trading, such as at what point the market will drop before they take action, or at what price a particular coin is worth buying. However, during trading, they are often easily influenced by stimuli and temptations. If you can't even execute your own plan properly, then you are not trading in the crypto space, but rather in a casino, and most operations made in the heat of the moment are wrong. #币圈
3. Do not trade frequently. Many traders who suffer severe losses are those who engage in ultra-short trades, while those who take trading as entertainment and do not have advanced skills, just patiently wait, will not incur significant losses. #币圈暴富
4. Avoid continuously increasing your positions. In the crypto world, some people spend lavishly, but this is a very real depiction. Before you have the ability to make money, do not keep adding to your account, especially if it affects your standard of living. Losses indicate that your trading system has defects; at this time, you should not use increased positions to fill the gap. Instead, reflect and calmly explore a set of effective methods before increasing your efforts. #比特币
5. Missing out won't cause losses, but chasing spikes often leads to cutting losses. There is a common phenomenon in the crypto world where the stocks you are interested in rise significantly without your participation. When you want to buy at a high position, it crashes as soon as you buy. The reason is that the company's operations haven't changed; try to choose a mid-line price as a reference. Stay away from high positions when the price is low. #加密市场反弹
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