In the field of cryptocurrency, various black swan events should be deeply ingrained and lessons learned:
Establish the perspective of the market maker: Being in the crypto circle, always approach it with the mindset of a market maker, maintaining sharp market insights and calm decision-making abilities.
Do not harbor a sense of luck: Engaging in cryptocurrency investment should not involve any sense of luck; each investment should be based on thorough market analysis and rational judgment.
Discard the illusion of long-term holding: The volatility in the crypto market is immense; do not expect that simply holding long-term will ensure steady returns; instead, adjust strategies according to market changes.
Timely profit-taking is paramount: In the crypto space, knowing when to be satisfied and retreat is wise. Upon reaching expected returns, it is advisable to exit promptly to avoid losing good timing due to greed.
Do not be shackled by gains and losses: The market is ruthless; do not become entrenched in battles due to temporary wins or losses. Maintain a calm state and withdraw at the right time.
Do not consider oneself a genius: Within the crypto circle, no one can win constantly. Cultivating humility and understanding one's limitations is the key to success.
Capital market makers dominate: In this game, only those with ample capital and a market maker mindset have a chance to ultimately become winners. #BTC00929
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