1. Don’t judge success or failure by a single order. Don’t worry too much or blame yourself because of the gain or loss of a single order. Be firm and open-minded.

2. In the adult world, once you buy, you leave. Closing a position means recognition. There is no such thing as taking things for granted, no ifs, and no regrets in the cryptocurrency world.

3. Trade with a plan and stay calm in times of crisis.

4. Plan your stop loss and take profit before placing an order, and strictly follow your plan without relying on luck.

5. Strictly control your positions. Profits and losses in the cryptocurrency market are always going to come and go. Don’t easily let yourself lose the chance to turn things around. Moreover, heavy positions are often prone to affect judgment and emotions, miss profits, and prompt people to resist orders, because you cannot accept the stop loss of heavy positions, and the result is often easy to blow up the position.

6. Do not resist orders arbitrarily. The market situation cannot be defeated by our willpower and perseverance. Timely stop loss is the best protection for the principal. Even if you have enough margin, holding on to the order will make you miss out on more profits from the orders. It will also make it easier for you to lose control of your emotions and make wrong judgments, or judgments that are influenced by personal subjective emotions.

7. Remember not to let cryptocurrency speculation affect your normal work and life. Cryptocurrency speculation, whether it is contracts or spot, is inherently risky.

At the same time, whether it is spot or contract, there is no guarantee of making money as long as you speculate in cryptocurrencies. Many people may enter the cryptocurrencies circle by listening to the stories of cryptocurrencies that can be increased thousands of times or even tens of thousands of times. Indeed, there are many cryptocurrencies that can be increased thousands of times or even tens of thousands of times. And there are also many people who can make thousands of times or even tens of thousands of times. But you have to know that they are all investing with spare money, and many people even forget about it after they buy it, so they can get thousands of times or even tens of thousands of times the profit.

There are risks in cryptocurrency trading, so be cautious when entering the market. While we see the high returns in the cryptocurrency market, we must also see the high risks.

Rationally distinguish between investment coins and speculative coins, and treat the market and your own capital rationally.