In the cryptocurrency world, if we're going to talk about experience, there are actually eight sentences, but each one can save your life.
When you're stuck, don't think about flipping back in one go; first stabilize, and if you can protect your principal, you'll have a chance in the future.
Also, when the market looks calm, don't relax; that is often a sign that a big fluctuation is coming.
After a surge, don't get too excited; that kind of soaring trend usually comes back down a bit, and those who understand will take some profits early.
Buying and selling are the same; have the courage to enter when the market is declining, and be brave to exit when the bullish candles are crazy. If you follow the emotions, you generally won't make money.
Don't rush to sell at highs, don't buy recklessly at dips, and don't click randomly during sideways markets; this is discipline.
Follow the trend and look for support; when going against the trend, look for resistance; this is fundamental.
The most important point: don't go all in.
A full position may feel great once, but if something goes wrong, it's all gone.
Finally, mindset is always the top priority.
Greed, fear, and urgency will push people into a pit.
Be steady, be slow, and your account will actually be safer.
In the cryptocurrency world, the true experts are not those who earn the most aggressively, but those who lose the least and live the longest. $BTC
