$BTC $ETH
(The Six Rules of Cryptocurrency)
1. Only participate in an irreversible upward market trend
"Only participate in an irreversible upward market trend"; the market is the fact, the market is indisputable, unchallengeable, and the trend is irreversible. As an investor, you must dare to admit mistakes, correct them at any time, reject uncertain market conditions, and engage in trends that even market makers must follow. Understand the importance of going with the trend.
2. Refuse frequent trading
The casino is open 24 hours a day, there is no need to frequently open positions. There are many logics such as timing, trial and error, position control, etc. We advocate waiting like a hunter for the perfect opportunity, rather than recklessly investing as soon as you see prey.
3. Do not blindly trust technical indicators
First, we must acknowledge that any technical indicator has its lag.
For example, when the MACD indicator sends a golden cross buy signal, in fact, the coin has already risen. When the golden cross occurs, it is very likely that you are just the one buying at the peak!
4. Forget about the cost price once you buy
When you start shorting or going long, the cost price has no relation to any subsequent operations because whether to sell depends on market trends, which has nothing to do with whether you are still making a profit. If the pattern is good, continue to hold; if the pattern is bad, reduce your position, or even liquidate.
5. Participate with money you can afford to lose.
Use spare money for trading cryptocurrencies; investing always carries risks. Investors can increase their investment after mastering the game's profit strategies. Before that, you must participate with money you can afford to lose, as borrowing money often leads to significant losses!
6. Withdraw profits on time.
Without withdrawal, everything is just numbers. Cryptocurrency investors are like gamblers who haven't left the casino; even if you temporarily earn a lot of money, you cannot be considered a winner. Only when you extract cash from the market can you say you laughed last. In the cryptocurrency world, timely withdrawals are a good habit.
Keep it up, I am Little Seven, sincerely wishing you wealth in the cryptocurrency world.
Continue to pay attention to BNB, UNI, SOP.
Bulls have their strategies, bears have their ways.
Little Seven will not lead fans to liquidation, and will not blindly open positions.
It's all about seeking victory steadily, making steady progress; those who want to reap rewards should follow Little Seven!
