The survival rules of leek in the currency circle mainly include the following points:
Be calm in the bull market and don’t get caught up in FOMO: In the bull market, it is important to stay calm and avoid chasing prices due to fear of missing out. Choose those coins that are truly valuable, such as those with strong community support and practical applications, and be patient. hold.
Position management is not nonsense. Full positions are fatal: learn to manage positions reasonably, avoid full positions or increasing leverage in the bull market, and leave room to deal with market corrections.
Don’t be swayed by emotions, rationality is your weapon: In a bull market, emotional operations are detrimental. You should always remain rational and not be affected by short-term market fluctuations.
Don't underestimate the banker's trading ability: the banker's operations have a significant impact on the market. Avoid short-term operations, focus on long-term holdings, and stay away from the banker's trading trap.
The market has cycles, and taking profits in a timely manner is the way to survive: Understand the market cycle, take profits in a timely manner, close when the gains are good, and avoid leaving the market at the highest point of the bull market, thereby reducing risks.
Four things that newbies need to do: including systematically learning cryptocurrency, understanding the project white paper, using hot and cold wallets, optimizing the capital allocation ratio, etc.
Build positions in batches: gradually build positions at different prices to avoid chasing the rise and killing the fall. At the same time, build a small amount of positions at different support positions, and build more positions as they fall.
Stop loss and take profit: Learn to set stop loss and take profit points to effectively control risks and avoid profit losses caused by greed.
The number of transactions should not be too frequent: reduce the number of transactions, reduce transaction costs and error rates, and maintain a balanced mentality.
Adhere to value investment and make long-term investments: Pay attention to value investment in the currency world, hold for the long term, seize the market cycle, and avoid the interference of short-term fluctuations.
In the crypto world, miracles of making wealth always appear inadvertently. With the craze of Musk and Mars, the appeal of the Meme currency field is still the first.
$Marvin (马文) - memecoins codenamed after the name of a puppy raised by Musk. The Ethereum chain contract (tail number 7055) has currently completed CTO (community takeover)
“Musk drove the Heart of Gold to Mars to build a base city. The common currency is $Doge. He took $floki with him, wore puppy clothes, and held $Marvin.Celebrating Marvin's birthday on Mars on November 1st..."
