The key to trading cryptocurrencies is stability. Although this method may sound a bit 'foolish', it can indeed help you steadily seize profit opportunities while effectively avoiding risks. Here are three common traps to avoid:
1️⃣ Don't chase highs: When the market is panicking, go against the trend; when prices are skyrocketing, stay calm. Remember the principle of 'buy low, sell high'.
2️⃣ Diversify investments: Don't put all your funds into one coin; diversifying risk is the basic rule to avoid major losses.
3️⃣ Stay flexible: Don't invest all your funds in the market; leave some room so that you can respond flexibly when opportunities arise.