⭐️Some thoughts on the 413 crash

1️⃣Avoid emotional trading

In digital currency trading, don't be led by emotions. If you place orders randomly when you are excited, you will be in big trouble. If you want to make money steadily, you must learn to control yourself and stay calm.

2️⃣Strictly set stop-profit and stop-loss

Set stop-profit and stop-loss lines for yourself. Just like adding salt to cooking, too little taste is tasteless, and too much is salty. The same is true for trading. Stop when you make a certain amount of money, and withdraw when you lose a certain amount. Don't be greedy, and don't hold on. In this way, even if the market suddenly fluctuates greatly, you will not lose too much, and your mentality can be maintained well.

3️⃣Do a good job of position management

Position management is also very important. You can't invest all your money in one go, you have to leave some room. Operate with a light position, so that even if there is a problem, you can adjust it in time, and you won't be unable to turn over all of a sudden.

4️⃣Match the leverage ratio with the stop-loss ratio

Leverage can magnify your gains, but it can also magnify your risks. When using leverage, don't use it too high just to make more money. It should be determined according to your stop loss ratio, so that even if the market fluctuates a little, you can still hold steady.