Want to make steady profits in cryptocurrency trading? Listen up, these three iron rules will help you avoid pitfalls, and a fat wallet isn't just a dream!
First, don't chase the highs! When the market heats up and you rush in, it’s like jumping into a fire pit. Remember, while others are celebrating, you need to stay calm; when others are scared and trembling, that's when you should seize the opportunity to pick up the bargains.
Second, don't put all your assets on one coin, what's the difference with gambling? Diversify your investments; if the east doesn’t shine, the west will. Spread out the risks, and you’ll feel much more at ease.
Third, don’t go all in! The market changes like the weather, it can shift at any moment. Leave some room, and you’ll have the chance to catch those sudden big bonuses. Flexible positions will allow you to go the distance.
Also, here are some little tips for short-term cryptocurrency trading, take them with gratitude!