Please listen to my advice. Remember the following ten tips, and if you don't succeed, come to me!
My friends who have been trading cryptocurrencies for many years but have not made a million dollars,
1. Don't mess around when you have little money! It only takes one opportunity to grow big annually. Don't invest all your money. Keep some cash to protect yourself so you can cover your position in case of a downturn.
2. The more knowledge you have, the more you earn! Don't touch coins you don't understand. It's okay to practice on a demo account, but your mindset is completely different when buying real money. Learn them first, then take action.
3. Don't be greedy for good news! If you didn't sell it on the same day, sell it quickly if the stock opens high the next day. Everyone is waiting for good news to sell, and a high opening is an opportunity to escape. If you delay, you might lose money.
4. Reduce your holdings one week before holidays! During holidays, no one trades in the market, and prices are subject to extreme highs or lows. Don't take risks. It's better to spend the holiday peacefully.
5. For medium and long-term operations, remember "buy low and sell high"! Buy in batches when the price drops, and sell in batches when the price rises. This way, you can lower costs, and have flexible money on hand.