Brother Jiduanxiangaoshoujige

The three types of people who are most likely to lose money in the cryptocurrency circle:

1. Those who go all-in with a heavy spot position without stop loss.

2. Those who like to go all-in with a heavy contract position and high leverage.

3. Those who do not stop profit in time when they make money, and like to keep holding orders when they lose money.

There are gains and losses in cryptocurrency transactions. No matter who you are, you can't make money on every transaction. We look at whether the long-term overall profit is made, such as a week or a month as a cycle, rather than looking at the profit of one or two orders in the short term.

Therefore, each of us must allocate and manage our own positions. Risk avoidance is the first rule of our trading. If you want to go all-in every time you enter a coin, even if you make a profit ten or a hundred times, as long as you go in the wrong direction once, all your previous efforts may be wasted. Therefore, you must learn to manage your positions and trade with the mentality of capital first and profit second.