$ETH

Cryptocurrency Survival Guide: Practical Strategies from Novice to Expert

New investors often find themselves in this dilemma: frequent trading leads to increasing losses, and fees eat away at most of the profits, leaving little of the initial capital. This situation can actually be turned around, and the key lies in changing trading mindsets.

For small-cap investors, achieving asset growth requires adhering to three core principles:

Be Patient: The market is never short of opportunities; what it lacks is the discipline to wait for the right moment. Remain in cash until a certain opportunity arises.

Act Decisively: When opportunities arise, one must be bold in making significant trades; hesitation will only result in missed chances.

Take Profits in Time: Set clear profit targets and exit immediately upon reaching them; greed is the greatest enemy of profit.

Key Tips for Trading Based on Market News:

After major positive news is announced, there is usually a short-term surge in prices. A smart strategy is to take profits after the initial rally, as subsequent movements often involve significant pullbacks. Institutional investors often sell off after positive news, and retail investors who buy in may suffer losses.

Golden Rules for Position Management:

Do not hold more than 20% of total capital in a single asset.

Strictly enforce profit-taking and stop-loss disciplines.

Long-term investments should only use capital that can be completely lost.

Eliminate the all-in gambling mentality.

The cryptocurrency market is filled with myths of getting rich quickly, but surviving continuously is the key. Maintain rational expectations, control risk exposure, and ensure that you have enough capital to participate when a bull market arrives.

Remember: There are always opportunities in the market, but only investors who survive can seize them.

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