The core rules of cryptocurrency trading, be sure to remember:
1. Refuse blind trading:
Do not place orders based on intuition or impulse; clarify market trends and structure before trading. Every entry must be based on rigorous judgment and strategic reasoning.
2. Maintain trading rationality:
Do not act emotionally and ‘bet’ after a loss; retaliatory trading will only accelerate the chain reaction of erroneous decisions, leading to an inescapable vicious cycle.
3. Correctly understand mistakes:
An error that seems harmless may not cause immediate losses, but its hidden dangers will gradually accumulate and could ultimately lead to fatal consequences.
4. Continuously optimize methodologies:
There are countless effective trading systems in the market; the key is to promptly discard inefficient or incorrect methods, and actively learn, reflect, and iterate.
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