The simplest wealth guide in the cryptocurrency circle;
Share the simplest trading method in the cryptocurrency circle; if you haven't started to make a profit in the cryptocurrency circle, you must spend two minutes to collect it;
One: Sell junk coins decisively. Don't have illusions about a junk coin. The sooner you sell it, the better. There must be a reason for the continuous decline. Although you don't know it, the decline is a signal. Trading should be simple, buy when it rises and sell when it falls, and return to the basics.
Two: There are opportunities in the decline. The decline in the market is not all bad. It can bring lower buying costs and accumulate low-priced chips. When the market falls, you can transfer chips from weak currencies to strong currencies. If the position is well managed, you can also do swing trading to maximize the profit of buying low and selling high. The key lies in the trading rhythm and market sense.
Three: Position affects mentality. The size of the position determines the mentality. If the position is too large, it is easy to be unbalanced. If the mentality is bad, there will be continuous stupid moves. The trading mentality is greater than the technology, as the poem says: "The body is a bodhi tree, the heart is like a mirror, always wipe it diligently, and don't let it get dusty."
Four: Overcome human weaknesses. To be the best choice, it is difficult to make up one's mind to execute trading decisions. Knowing that it is wrong, but still holding on to it due to inertia or loss aversion, the stop loss problem is particularly obvious. Remember, trading is against human nature, and rational people have the last laugh.
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