Three Iron Rules for Trading Cryptocurrencies, Remember!
1. Never chase highs; stay calm during market FOMO.
When others are scrambling to buy, you should remain steady and quietly buy when the market is in panic and falling. Smart investors ambush at low points, not at high points.
2. Be flexible in your operations; don’t let heavy positions trap you.
The cryptocurrency market changes rapidly; don’t put all your bets on one card, allow yourself room for adjustments. There are always multiple opportunities.
3. Full positions are a sign of a novice.
A full position means you’re cutting off your escape route, which is highly risky. There are countless opportunities in the market; diversifying your positions is being responsible for your own funds.
As a seasoned cryptocurrency investor, I, Tu Fei, share my experiences and insights. Interested in the cryptocurrency market but don’t know where to start? Follow me to check my profile, and I’ll guide you to achieve freedom in this bull market.