Must-read for beginners! The rules and insights of cryptocurrency trading, hope this is useful for everyone!
1. Never chase high prices to buy coins; have the mindset that it can rise as much as it wants, don't chase the highs.
2. Mindset is very important. Many people know that it's not the right buying point, but their hands itch and they can't help it; this is a mindset problem.
3. Stay steady. For any cryptocurrency, don't become emotionally attached to price points; only look at market signals. You should be emotionally attached to buying and selling points. Those with good technical skills and large capital can build positions gradually and diversify, so the timing doesn't matter.
4. Cryptocurrency trading tests long-term profitability, not the ability to make a sudden profit. The key is a long-term effective trading strategy; when buying, you should consider various scenarios, be resolute in holding, and be even more resolute in selling, gradually increasing your win rate.
5. The virtual currency market only rewards those who are patient; any good coin needs to be nurtured. Constantly switching to new coins will only lead to small capital and won't make big money.
6. Follow the rhythm of the market, set aside your greed and fear; with a sense of rhythm, no one can stop you.
When entering the crypto circle, you must first have a clear mind and understand the rules behind each game.
As a newcomer, have self-awareness; know that you might be a new participant, but don't be afraid; this is a necessary path for growth.
As a seasoned investor in the crypto circle, I freely share my experiences and insights. Interested in cryptocurrency but don't know where to start? Follow me to see my insights and help you achieve freedom in this bull market.