#ETH Losses are not scary; being overly excited is! When playing contracts in the crypto world, remember these points
Contracts themselves are about taking small risks for potentially large rewards, and losing money is quite normal. If you hit your stop loss, take a break; don't get overly excited, and don't keep piling on trades. It's better to stop loss a few times, calm down, and think if there's a problem with your strategy.
Don't think about getting rich overnight; your mindset must be stable. Don't rush to add more positions after a loss, and definitely avoid heavy investments.
The overall trend is the most important; going with the trend is the right path, while acting against it is just looking for lessons. The market has more patience than you; you need to keep up with the rhythm.
Before placing an order, make sure to calculate the risk-reward ratio, it should be at least 2:1 for it to be worth it. Frequent trading is a big pitfall; if you always want to grab every opportunity, you might end up missing them and losing your money first.
Only make money within your own understanding; this is especially crucial. Stop losses are a lifesaver, holding onto positions is self-destructive, especially for beginners. When you are making a profit, don't get carried away; getting carried away can easily lead to losses. Trading relies not only on skills and luck but also tests your mindset and wisdom.
Keep these in mind and put them into practice to have a chance to survive long in the crypto world. The market changes every day; calmness, rationality, and steadiness are key to long-term survival.
I am Old Zhang, skilled in short to medium-term contracts and medium to long-term spot arrangements, sharing investment tips daily and detailed strategy teaching. Friends who don't understand can always reach out to me for communication!
