Remember the following 10 points when trading in cryptocurrencies, which can help you avoid many detours.

1. Don't easily fill your position at any time (it doesn't matter how much money you have). This is conducive to a normal mentality, and you can attack or defend in operation.

2. Eat the middle part of the fish, and leave the head and tail for others.

3. Frequent operations will definitely lose everything, and indecision will slowly bleed.

4. The mentality of trading in cryptocurrencies is the first, and the strategy is the second.

5. The market is generated in despair (such as this callback to 56,500), develops in hesitation, and ends in madness.

6. Greed is the rag of profit, greed and fear are taboos in investment.

7. Opportunities come from falling. (Bull market cycle)

8. Buying depends on confidence, holding depends on patience, and selling depends on determination.

9. There is no absolutely accurate indicator, only retail investors who have a half-understanding of it. The indicator is useful to those who know how to use it, but harmful to those who don't.

10. If you don't stop loss in trading cryptocurrencies, you will definitely lose a lot of money.