$BTC Cryptocurrency Survival Manual: The Fool's Wisdom for Making Money
In this 24-hour nonstop casino, I've seen too many smart people go bankrupt, and quite a few foolish people make money. Today, I will share the survival rules of those seemingly silly yet always able to profit seasoned investors.
Three Major Taboo
Chasing after the rise? That's something beginners do. True veterans wait patiently to pick up chips when the market is in panic. Remember, when even the exchange app dares not open, it’s time for you to enter the market.
Going all in is equivalent to suicide. The market is most adept at slapping faces; always leave 30% of your bullets to pick up the bloody chips.
All-in betting is a young person's game. Mature investors build their positions in batches like stacking blocks, buying more when prices drop and selling when they rise.
Six Practical Insights
The market is most dangerous when it is the craziest; it is safest when it is the most desperate. Buy when no one is paying attention, sell when there is a bustling crowd.
Sideways markets are like swamps; the more you struggle, the faster you die. Learning to play dead is the first lesson in survival.
Do the opposite of what most people do: buy slowly on large bearish candles and sell slowly on large bullish candles.
The rebound after a sharp decline is like a spring; the harder you press it, the higher it bounces. The key is to survive until that rebound moment.
Building a position should be like eating fish; first, eat the safest part, leaving the head and tail for others.
After a sharp rise or fall, the market needs to catch its breath, and this is when patience is most tested. Remember, waiting is also part of trading.
This market changes every day; you must seize the right moment to act. If you are still too confused, you might consider following along, as I usually share some cutting-edge information and practical strategies. Feel free to come and discuss anytime to seize the big opportunities together!