The wisdom of the currency circle, understanding will save you three years of detours!
1. Hold on to low-priced chips, maintain your composure, be alert to the dealer's trap, and prevent being easily washed out.
2. Remember to avoid the impulse of chasing ups and downs and full-position operations. Go with the trend and build positions in batches when the market falls. Not only is the risk lower, the cost is more controllable, and the profit is more lucrative in the long run.
3. Manage profits wisely, let the funds flow, and maximize the value-added, rather than blindly adding investment.
4. In the face of market fluctuations, stay calm and rational. When the market rises sharply, reduce the position moderately to lock in the profit, and hold firmly when the market falls sharply. Deal with it with a calm mind, refuse speculation, impetuousness, greed and fear, and make full preparations before attacking.
5. When you first enter the market, you need to bet on the future of potential coins based on experience, but when you go deep into the secondary market, you need to rely on technical analysis and market information to keep up with the pace of the dealer. Don't put the cart before the horse, which will lead to a complete loss.
6. Position building and delivery strategies need to be carefully planned, layered and segmented, gradually open up the price range, and accurately control the balance point between risk and profit.
7. Understand and make good use of the currency market linkage effect. When observing the market, you should not only focus on a single currency, but also pay attention to the dynamics of the entire market. The seemingly independent currencies are actually intertwined, and use information tools to fully grasp the pulse of the market.
8. Rationally allocate assets and balance the holding ratio of hot coins and value coins. You must dare to seize opportunities and control risks, avoid being too conservative and missing opportunities, and prevent the high risks brought by aggressive investment.
9. Keep in mind the principle of idle money investment, ensure that the account funds are sufficient, and leave room. Don't bet all your funds on one thing. Reasonable risk control and capital allocation are the key to maintaining a good mentality and achieving success. In the currency circle, stability and wisdom are equally important to achieve long-term stability.
