In the crypto world, the biggest fear is being treated like a 'retail investor' and getting 'cut.' My experience is: don't always think about getting rich quickly; it's similar to winning the lottery. Given the current market, I advise everyone to remember three things:
Don't follow the crowd blindly
If you see a rise, don't get envious; if you see a drop, don't panic. The more anxious you are, the happier the whales become, so it's better to miss out than to force your way in.
Take your profits and accept your losses
If you've made 10%-20%, run quickly; don't think 'it can go up a bit more.' The crypto market changes faster than turning pages, if you need to cut your losses, do it. As long as you have the mountains, you don’t fear the firewood.
Save your bullets
Don't go all in at once, you need to keep some funds to average down or buy the dip. My own rule is: invest a maximum of 5% of your total funds at a time; if you make money, take half out; only what you have in hand is real money.
Lastly, a heart-wrenching statement: 80% of people lose money not because of poor skills, but because of greed and fear. If you don't understand the market, just stay put, communicate more with experienced players, and if we really want to discuss the market, let's talk about something practical—like whether this position is for buying the dip or waiting for a waterfall? Let's see the truth in the comments.
Blindly going solo will never bring opportunities, click on my profile and follow me, I will lead you to explore tenfold potential coins! Top-tier resources!
Pay attention to: btc, eth, sol, xrp, pepe, doge
