Survival rules in the cryptocurrency circle

1. Beware of low-price traps

Cheap? Beware of traps! In the cryptocurrency circle, don't be fooled by low prices. There must be hidden stories behind those currencies that have not risen for a long time. Remember, the market never easily misses value, and low prices often mean higher risks. Stay sober and refuse to be greedy for cheapness. It is the right way to focus on those targets that continue to be strong. A pullback is an opportunity to buy.

2. Bull market trap: Don't take it for granted

In a bull market, a big positive line can easily shake your judgment and make you start chasing highs. Remember, the biggest mistake people make is to "take it for granted." The real winners are those who quietly accumulate at low prices and wait for the bull market to break out. They understand that the market's rewards belong to those wise men who bravely lay out when they are undervalued, rather than those who blindly chase high FOMO.

3. Be cautious when investing in small coins, and heavy positions are the abyss

For small coins, be sure to be cautious. If you hold a large position in small coins, once you are trapped, the time cost and risk will be astonishingly high. Novice investors should pay special attention to position management. Don't easily buy at the bottom or sell at the top. This is full marks in theory, but zero in practice. Completely avoiding the decline also has the risk of missing out completely. For me, missing out is more likely to happen. I don't have the ability to build a position completely at the bottom or sell at the top. I never buy at the top at once. #美国6月CPI大幅降温 #美联储何时降息？ #美国大选如何影响加密产业？ #德国政府转移比特币

If you want to know about specific opportunities and specific decisions, please follow Changkong. Click on the avatar to view the text. You can get the position allocation strategy, which teaches you how to make money in a bull market and earn coins in a bear market.