In the crypto world, living long is much more important than making quick profits.
Over the years, my biggest realization is: real profit does not depend on how many opportunities you grab, but on how many big pitfalls you avoid.
First, let's talk about mentality: don't trade with emotions.
Newbies always want to double their money overnight, but often fail just before dawn. Trading is not about who is more excited, but about who is more calm. When you see a surge, don't FOMO; when you encounter a plunge, don't panic. This requires deliberate practice. Remember, the market is never short of opportunities; what’s lacking is your patience.
Next, let's discuss risk control: to survive is to make everything possible.
I set strict rules for myself: the opening position for a single trade must not exceed 10% of the principal, and a stop-loss must be set upon entry. Many people blow up their accounts not because they misread the direction, but because they are reluctant to cut losses, always fantasizing that it will rebound. Admit your mistakes, protect your principal, and you can come back next time.
Finally, it's about rhythm: only trade in markets you understand.
Do not chase after rising prices or panic sell; do not operate frequently. Most of the time, I am waiting, only acting when trends are clear and key positions break through. The market is mostly just noise, and what’s really worth participating in often only occurs in a few segments.
In this market, there are many smart people, but very few can survive long-term. If you keep going back and forth between anxiety and greed, it’s better to stop, establish your own rules. Making money is not about luck; it’s about a system. First learn to defend, and the offense will naturally come.
Thank you for following @luck萧 and liking. #加密市场观察 #ETH走势分析
