Crypto Trading Secrets:
Trading cryptocurrencies actually has a particularly practical yet very stable method that allows you to hold onto your profits tightly. This method requires time to be gradually refined, so don't rush; we'll take it step by step.
First, there are three iron rules for trading cryptocurrencies that you must remember and absolutely avoid breaking!
The first rule is: don't chase the price! When you see prices skyrocketing, you must resist the temptation to buy in; the risk is significant at that time. You need to learn to buy bravely when others are scared to death, which is when prices are dropping. Conversely, when prices are soaring, you should proceed with caution and not rush in blindly.
The second rule is: don't put all your eggs in one basket. When trading cryptocurrencies, you must diversify your investments; don't put everything into one coin. If that coin fails, you could incur heavy losses.
The third rule is: don’t go all in! Going all in is pushing yourself to a dead end. There are plenty of opportunities in the market; if you're all in, you will miss out on other opportunities. Therefore, funds should be allocated reasonably, so you don't become too passive.
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