Share some of my experiences and lessons, hope it helps everyone:
1. Don't pursue the absolute bottom, and don't fantasize about being able to sell at the top with one click.
2. Pay attention to logic in buying and selling (for the most part). The validity of logic is much more important than short-term price fluctuations on the charts.
3. With small capital, double your investment to cover costs and let profits run. Don't keep staring at the screen. Most low-quality assets may go to zero, but as long as one or two take off, your principal will step up a level.
4. Buy red, sell green.
5. You must learn to take profits. It's common to have 10 low-quality assets that increase fivefold, but if you fantasize about one going a hundred times, in the end, most of the profits will go to zero.
6. If you can relatively “slowly become rich,” then you will ultimately be very wealthy.
7. When you make mistakes, you must stop losses in time. You can't be right all the time.
8. Be bold in betting on interesting and innovative narratives; be willing to lose.
#MEME币狂欢 #金狗势不可挡
1. Don't pursue the absolute bottom, and don't fantasize about being able to sell at the top with one click.
2. Pay attention to logic in buying and selling (for the most part). The validity of logic is much more important than short-term price fluctuations on the charts.
3. With small capital, double your investment to cover costs and let profits run. Don't keep staring at the screen. Most low-quality assets may go to zero, but as long as one or two take off, your principal will step up a level.
4. Buy red, sell green.
5. You must learn to take profits. It's common to have 10 low-quality assets that increase fivefold, but if you fantasize about one going a hundred times, in the end, most of the profits will go to zero.
6. If you can relatively “slowly become rich,” then you will ultimately be very wealthy.
7. When you make mistakes, you must stop losses in time. You can't be right all the time.
8. Be bold in betting on interesting and innovative narratives; be willing to lose.
#MEME币狂欢 #金狗势不可挡