【How to Prevent a Market Crash? 5 Strategies to Secure Your Crypto Assets】🚨
There are too many sudden news in the crypto world, whether it's a black swan event or clickbait, which can trigger significant short-term fluctuations. To survive the chaos, you must have a plan:
🔹 1️⃣ Plan Your Positions in Advance
Don’t go all in without a plan; leave some bullets for emergencies. A light position can help you cope with extreme market conditions, so you won't be forced to take losses.
🔹 2️⃣ Determine the Authenticity of the News
Don’t panic with the rumors; clarify the truth before deciding whether to act. Unverified “news” is less valuable than data.
🔹 3️⃣ Set Your Price Levels in Advance
Stick to your stop-loss and take-profit levels without being swayed by emotions. Execute as planned > act impulsively.
🔹 4️⃣ Don’t Bet Everything on One Play
Don’t put all your eggs in one basket, whether it’s a low-quality coin or a small project; diversify your asset allocation to strengthen your resilience.
🔹 5️⃣ Minimize Actions, Maximize Observation
Major market movements can jump several points at a time; frequent trading will only confuse you. It’s better to wait for calm before taking action.
⚠️ The market can be as fierce as a tiger, but discipline can conquer the tiger. Follow the right rhythm, and your win rate will naturally improve!
