1. Look at market opportunities rationally
The cryptocurrency market has passed the early stage of wild growth and is gradually moving towards formalization and financialization. Large-scale capital institutions have begun to dominate the market. It is no longer an era where ordinary investors can easily get dozens or hundreds of times the return by pinching a coin. Even in a bull market, the number of currencies that can be multiplied by more than ten times will be very limited.
2. A sound trading strategy Although full-position stud and high-leverage trading can bring huge profits, they are also accompanied by huge risks. The essence of currency speculation lies in rolling positions, not the income of a single order. Gradually accumulate profits and avoid betting everything.
3. Be wary of market frenzy When you see someone frantically touting a certain coin, it is often the end of the coin's market. If you have already held this coin before, you can consider taking profits at the right time. If you don't hold it, it's best to avoid entering the market to avoid becoming a receiver.