Regardless of short-term or long-term, remember the "iron rules"

• Operate with light positions, never full positions: The market is never short of opportunities. Being fully invested will make you lose flexibility in your operations; if the direction is wrong, it can easily lead to irreparable losses.

• Stay away from high leverage: For beginners or conservative investors, try to avoid using high leverage. High leverage amplifies profits but also greatly increases risks, and it can easily lead to liquidation due to slight fluctuations.

• Only invest spare money: Never invest money that you cannot afford to lose, such as living expenses or emergency funds. There are risks in investing, and one must be cautious when entering the market.

• Think independently, do not blindly follow the crowd: Learn more basic knowledge and establish your own judgment logic. #BinanceABCs