A friend who made money from trading cryptocurrencies said to me:
a. If you make a lot of money, just walk away. Calm down, take a rest, and you can also travel the world to relax.
b: If you have continuous losses exceeding 10%, be sure to find out the reason for the loss to avoid falling into a pit.
c: If you're doing short-term trading, do not trade if there are ambiguous areas; such times are the easiest to incur losses.
d: Do not follow in when the price has risen more than 50%, as such opportunities are often traps. Buying in can easily lead to being stuck.
e: After a continuous surge, do not be greedy when there is high volume at a high level; it is usually a trap to lure buyers. Control your emotions and do not buy in.
f: Buy low in weak markets and buy in during pullbacks in strong markets.
g: If you do not have a clear understanding of the situation, do not increase your position without 100% assurance; building positions in batches at low levels is safer.
h: Operate on the cryptocurrencies you want to buy in familiar patterns to earn risk-free money.
i: Do not engage in pullback trades on a weekly basis to avoid heavy losses from premature involvement.
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