To play in the cryptocurrency circle, you need to have these understandings, otherwise, you can easily lose money?

1. For beginners, playing contracts is a big taboo, it's easy to get carried away, please cherish your bullets. Don't wait until the wind blows and you have no bullets left.

2. Whether it's spot trading or contracts, you must know when to stop, taking profits is safer, ambition can make you lose everything.

3. Be aware that there are many shills in this circle, as well as many scams, don't trade on unknown exchanges (search more, ask more).

4. This is a game that tests insight and endurance. 99% of love has no value; making a profit and stopping is the winner. Don't think you can eat from start to finish in one line.

5. This game is about how the dealer plays their cards, and you respond accordingly. Sometimes, when the dealer has absorbed enough, they will directly withdraw funds to liquidate, and their capital will rotate to the next coin. Sometimes, even if they haven't reached their expected position, they will continue to push up and liquidate; you must have the dealer's mindset.

6. Recently, don't trade on weekends, there is rarely any significant rise, and the dealer's funds are not in play.

7. New coins listing or going on exchanges is just to liquidate, don't think the dealer will raise the price for you to make money for free; it's all the hard-earned money of the retail investors, remember, this is just a game of capital.

8. You must learn to review, summarize, and then review again.