I've been in this industry for five or six years, so why has my quality of life been improving? There are many things to understand and think about carefully.
The following 14 rules must be mastered in the cryptocurrency circle:
1. Don't expect to escape risk by luck; that will only trap you deeper. Also, don't hesitate and miss opportunities; opportunities do not wait for anyone.
2. Long-term investments are as stable as gold, short-term operations are as flexible as silver, while swing trading is like a brilliant diamond; grasping it well can earn you more.
3. Leave yourself some room, maintain a calm mindset, and flexibly respond to market changes.
4. Investing is like eating fish; don’t be greedy, and always leave some profit for others.
5. Frequent buying and selling can easily lead to losses, while indecision results in chronic bleeding; both should be avoided.
6. The investment mindset is the most important; stay calm to make wise decisions.
7. Market trends often emerge in despair, develop in hesitation, and end in madness; learn to enter and exit at the right time.
8. Greed will devour profits, while fear will make you miss opportunities; controlling emotions is key to steady profits.
9. Opportunities are often hidden in market declines; having cash on hand means you are always ready to seize opportunities.
10. Buy with confidence, hold with patience, sell with determination; seize the opportunity when it arises.
11. Don't blindly trust indicators; they are only useful to those who understand them and can mislead those who do not.
12. Always set stop-loss points to keep losses within an acceptable range.
13. When everyone is afraid, it might be the right time to buy; when everyone is crazy, consider retreating.
14. Newcomers only look at price fluctuations, veterans pay attention to changes in trading volume, while experts can perceive market trends. Continuously improve yourself to become a winner.
