Trading cryptocurrencies requires caution: 14 golden rules to help you avoid pitfalls! (1)

1. Avoid luck and hesitation: A mentality of luck is the root of increased risk, while indecision may lead to missing the best opportunities.

2. Swing trading: Long-term stability, short-term flexibility, swing is king. In cryptocurrency trading, swing trading often brings more considerable returns.

3. Control your position, act freely: Never operate with a full position easily; this helps maintain a calm mindset and allows you to respond flexibly to market changes.

4. Select investment opportunities carefully, avoid blindly following trends: Just as one only eats the middle part of the fish, in cryptocurrency trading, choose the most stable investment opportunities and avoid risky attempts at market fringe speculation.

5. Reduce trading frequency, make decisive decisions: Frequent trading can increase risk, and indecision can lead to gradual loss of funds.

6. Balance mindset, strategy, and technology: In cryptocurrency trading, a good mindset is the key to success, a reasonable strategy is the guiding beacon for action, and technology is the tool to achieve goals.

7. Opportunities and challenges in market fluctuations: Markets often give birth to opportunities in despair, gradually develop in hesitation, and ultimately reach a peak in madness.

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