"The Six Iron Rules of the Cryptocurrency World" Reorganized and Adapted!

1. Only participate in the irreversible upward trend of the market

"Only participate in the irreversible upward trend of the market". The market is a fact, it is beyond doubt and challenge, the trend is irreversible. As investors, we must be willing to acknowledge mistakes, correct them at any time, refuse uncertain market conditions, and engage in trends that even the big players must follow. We must understand the importance of following the trend.

2. Refuse frequent trading

The casino is open twenty-four hours, and there is no need to open positions frequently. There are many logics involved such as timing, trial and error, and position control. We advocate waiting patiently for the perfect moment like a hunter, rather than randomly investing as soon as we see prey.

3. Do not blindly trust technical indicators

First, we must acknowledge that all technical indicators have their lag. For example, when the MACD indicator issues a golden cross buy signal, the coin has already risen. By the time the golden cross appears, you might very well be the one holding the bag!

4. Forget about the cost price once you buy

Once you start shorting or going long, the cost price is irrelevant to any subsequent actions. Whether to sell depends on market trends, and it has nothing to do with whether you are still making a profit. If the trend is good, continue to hold; if the trend is bad, reduce your position or even liquidate.

5. Use funds you can afford to lose.

Use spare cash to trade cryptocurrencies. Investment carries risks, and investors can increase their investment after mastering the game’s profit strategies. Before that, it is crucial to use funds you can afford to lose; borrowing money often leads to severe losses!

6. Withdraw profits in a timely manner.

Without withdrawal, everything is just numbers. Cryptocurrency investors are no different from gamblers who haven't left the casino; even if they temporarily earn a lot of money, it doesn’t make them winners. Only when you extract cash from the market can you say that you came out on top. In the cryptocurrency world, timely withdrawals are a good habit. $BTC #BTC创历史最大月度涨幅