A few experiences gained from investing in tier one dogs, sharing with you: Wishing everyone wealth
1. Do not go all in, even if the community is active, do not go all in on purchases, stay calm;
2. Average buy, invest 500U in each dog, do not increase your investment to thousands because of profits from previous investments;
3. Do not cut losses, treat your investment as if it could go to zero, do not sell off due to market fluctuations;
4. Do not try to catch the bottom, if you invest 500U, just stick to that 500U, do not blindly follow the market;
5. Do not chase highs, regardless of how hot or expensive it gets, do not increase your position;
6. Do not be greedy, sell half of your position every time your investment doubles.
Following these six points, investing in tier one dogs can still yield profits. When luck is on your side, a few dogs can increase by dozens or even hundreds of times, but while making money, if you heavily invest in the next dog, the result will only be losing everything.
Sometimes you think you've found a golden dog and chase it, only to see it fall even more; sometimes you think an opportunity has come and try to catch the bottom, only to lose even more. Therefore, invest in dogs rationally, do not let market emotions sway you, this is the most important.