I will share with you my many years of experience)
If you do not break these rules, it will greatly help your deposit)
Regulations
1. No panic)
2. It is worth learning that during corrections the best asset is USD or simply fiat.
3. Appreciate every penny that ends up in your portfolio. After all, it could potentially save your deposit. Treat the money on your balance sheet the same way you treat the money in your wallet.
4. No futures. Let's return to rule (3). Every penny should count. If you want to survive, then you do not need to allow additional risks to your deposit.
5. Return to (1) rule
6. Try to plan your cash in case of a protracted correction.
How?
Take the free amount that you are ready to invest in the market and divide it into 60-90-120 days.
7. The most difficult thing is to mentally distract yourself from extraneous noise. “I told you it’s all a bubble” “BTC is flying by 3k” and so on. We need cold calculation and rule (1)
8. Just as in nature winter gives way to summer and trees do not grow to the skies and little is reduced to zero, so in financial markets - growth gives way to fall, and fall to growth. Remember the cycles
Conclusion:
Panic always leads to losses. Cold calculation and a sober look at the situation will always help you save and increase your money, no matter what happens in the market.
If you turn off your emotions, you will always be in good profit) If, of course, you have knowledge and understanding of the market.
