The ups and downs of the currency circle: stop loss in time and deal with wealth fluctuations wisely
In every big drop in the currency circle, there is always an anxious question of "Does xx want to cut?" But wise investors know that when the error is revealed, immediate adjustment can minimize the loss. Prevention is always the best strategy to avoid mistakes.
Looking back on the past, those investors who first touched the millions, tens of millions or even hundreds of millions of wealth often experienced the pain of falling from the clouds to the bottom of the valley. The first million earned may be lost in a blink of an eye; half of the tens of millions of wealth may be lost; and the billionaires cannot escape the pain of shrinking 30 million. The ups and downs of wealth in the currency circle are as turbulent as the tide, and the lag and mismatch of cognition have accelerated the tragic process.
Therefore, in the journey of the currency circle, we should adhere to the principle of "less operation, more cash, and more thinking". Reduce blindly follow-up transactions, cherish every opportunity to cash out, and let careful consideration become our guide to action. Only in this way can we move forward steadily in the waves of the cryptocurrency world and protect our own boat of wealth.