Advice from a ten-year veteran in the cryptocurrency industry 1

A few minutes of delay may bring you wealth for a lifetime.

1. The utilization area of ​​toilet paper is only about 10%, and the remaining 90% is to keep your hands from getting shit. The same is true for the cryptocurrency industry. 90% of your wealth is earned in 10% of your time, so it is important not to be fully invested. Be friends with time and use 90% to wait for opportunities. New investors are reluctant to be short or even half-invested, so they must go in. I understand this fear of missing out. Please raise your hand if you have touched anyone. Be sure not to be fully invested and wait for the opportunity.

2. Whether it is spot or contract, you must set stop-profit and stop-loss. It is not great to buy, but it is a master to sell. Obviously, this transaction is profitable, but it cannot overcome the greedy human nature, and in the end it is trapped. I believe everyone has experienced this. This is the charm of stop-profit. Then let me talk about stop-loss. Setting a stop-loss is not to make you really stop loss, but to improve your capital utilization rate. For example, if you are stuck in a single order, and now you cut off the loss of 100u, you believe that you will turn losses into profits in the long run, and hold on a little longer, then I tell you, even if you turn losses into profits in the future, you will still lose money, because you have time cost in it, and even if you stop loss, you will invest funds in higher-yield outlets. Especially in the bull market, the same funds are stuck in this order and you wait for a week to finally get out of it. In one week, you earn back the floating loss of 100u. But if you stop loss at that time, use the funds, and trade correctly for a week, you will get more than 100u of profit. You must understand one thing, I don’t care whether you buy or not, you must learn how to sell. #大盘走势 #新币挖矿 #Meme #sui #SHIB $BTC $ETH $BNB