$ZEC Just entered the crypto world, many people see contracts as a shortcut to turning their fortunes around,
As a result, they dive in with aggressive operations,
In the end, not only did they not turn their fortunes around, but they also lost their principal.
To be honest, contracts have never been a money-making magic tool,
They are used to filter out who can survive.
Over the years of ups and downs, I found that there are only four key rules for survival.
First: Don't fully leverage your position.
No matter how attractive the market is, full leverage is betting your life against volatility.
Most people are not wrong about the direction, but they get wiped out by fluctuations.
Always leave some room for yourself, give yourself two or three chances to make mistakes,
You will live much longer than others.
Second: Go with the trend.
Don't always think about bottom fishing or topping out; making a little money in fluctuations is meaningless.
The real profits come from trending markets:
In a rising market, corrections are entry points, and in a falling market, rebounds are exit points.
If the trend hasn't changed, don't fight against it.
Third: Be decisive with profit-taking and stop-losses.
Many people have profits in hand but stubbornly let them slip away;
Losses start out small but end up devastating.
Remember this:
Losses should be small, and profits should be large.
Don't hesitate with stop-losses, and try to give your profits some room to run.
Fourth: Reduce the frequency of trades.
Those who place dozens of trades a day are basically just paying fees and acting on impulse.
The more trades you make, the more chaotic your mind becomes; losing one trade easily leads to emotional decisions,
The more you add, the more chaotic it gets.
Be steady, two or three trades a day is enough.
These four things are not techniques; they are bottom lines.
Those who can accomplish them live a long time; those who can't are just in a perpetual meat grinder.
First, solidify these four rules,
When the real market comes,
You will then have the qualifications to sit at the table.
