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If you can't remember these few points, you're just here to give away money!

Don't be greedy; if your capital is not much, take it steady. If you can catch a clear rise or fall once a day, earning a little money is quite satisfying. Don't stare at the market all day; if you haven't made money, your body will wear out. We need to know when to rest.

When faced with super favorable news, don't act impulsively. If you haven't sold by the end of the day and the price opens high the next day, then decisively sell everything. In the crypto world, when good news comes out, it might drop immediately; don't wait until the market reverses to regret.

Before holidays or policy adjustments, it's never wrong to sell a bit in advance. If you're unsure, staying in cash isn't shameful. Once the hype passes, it's not too late to enter at a lower price.

For medium to long-term investments, don't put all your money in at once. You need to keep some funds aside in case the price drops so you can average down. Those who invest all their money could lose everything with just a slight market fluctuation; that situation can be tragic.

For short-term trading, you need to act quickly and accurately. When the market is good, earn quickly, and when the market goes quiet, stop. Don't always think about buying at the lowest price and selling at the highest price; we don't have that capability.

The crypto market behaves like a spring: it rises slowly and won't drop too quickly. But if it suddenly surges, it’s highly likely to plummet immediately. This is a hard-earned lesson.

If you've judged the market wrong, don't hold on stubbornly. Cut your losses quickly; as long as your capital is intact, there will always be opportunities. This market is never short of opportunities.

For short-term trading, don’t look at daily or weekly charts; focus on the 15-minute candlestick chart, combined with the KDJ indicator, which is particularly useful. Operate when you see the golden cross or death cross; that's much better than random buying and selling.

Lastly, mindset is truly vital. Skills can be learned, experience can be accumulated, but part of the mindset is innate. Many technically skilled people panic when the market fluctuates, and in the end, they earn less than those with a good mindset. So, maintain a good mindset to go further in the crypto world.

If you can't remember these few points, you're just here to give away money!

Don't be greedy; if your capital is not much, take it steady. If you can catch a clear rise or fall once a day, earning a little money is quite satisfying. Don't stare at the market all day; if you haven't made money, your body will wear out. We need to know when to rest.

When faced with super favorable news, don't act impulsively. If you haven't sold by the end of the day and the price opens high the next day, then decisively sell everything. In the crypto world, when good news comes out, it might drop immediately; don't wait until the market reverses to regret.

Before holidays or policy adjustments, it's never wrong to sell a bit in advance. If you're unsure, staying in cash isn't shameful. Once the hype passes, it's not too late to enter at a lower price.

For medium to long-term investments, don't put all your money in at once. You need to keep some funds aside in case the price drops so you can average down. Those who invest all their money could lose everything with just a slight market fluctuation; that situation can be tragic.

For short-term trading, you need to act quickly and accurately. When the market is good, earn quickly, and when the market goes quiet, stop. Don't always think about buying at the lowest price and selling at the highest price; we don't have that capability.

The crypto market behaves like a spring: it rises slowly and won't drop too quickly. But if it suddenly surges, it’s highly likely to plummet immediately. This is a hard-earned lesson.

If you've judged the market wrong, don't hold on stubbornly. Cut your losses quickly; as long as your capital is intact, there will always be opportunities. This market is never short of opportunities.

For short-term trading, don’t look at daily or weekly charts; focus on the 15-minute candlestick chart, combined with the KDJ indicator, which is particularly useful. Operate when you see the golden cross or death cross; that's much better than random buying and selling.

Lastly, mindset is truly vital. Skills can be learned, experience can be accumulated, but part of the mindset is innate. Many technically skilled people panic when the market fluctuates, and in the end, they earn less than those with a good mindset. So, maintain a good mindset to go further in the crypto world.

Introducing the second topic of our Risk Management Deep Dive – #StopLossStrategies
Stop-loss strategies are essential tools for managing risk in trading. By setting predetermined exit points, you can protect your investments from significant losses during market downturns. Understanding how to effectively implement stop-loss orders can help you maintain control over your trading outcomes.

👉 Your post can include:
• What types of stop-loss strategies do you use, and why?
• How do you determine the appropriate levels for your stop-loss orders?
• Can you share any examples where your stop-loss strategy successfully protected your investments?
E.g. of a post - “I use a combination of fixed stop-loss orders and trailing stop-loss orders. For fixed stop-loss orders, I set levels based on key support points and risk tolerance. Trailing stop-loss orders help me lock in profits while adapting to market movements. This approach has protected my investments during sudden downturns and allowed me to secure gains during uptrends. #StopLossStrategies ”

📢 Create a post with #StopLossStrategies and share your insights to earn Binance points! (Press the “+” on the App homepage and click on Task Center)
Full campaign details here.