a 🚨 ⚠️ ⚠️ ⏰ Important Message for All Followers and Community: Read Carefully ALERT ‼️🚨🚨⚠️
If you don't understand this advice, it might be best to reconsider trading. Today, I had an insightful conversation with a respected expert in the industry. Here are the key takeaways:
1. Secure Your Gains and Relax: When you’ve made significant profits, take a break. Enjoy life, travel, and relax. Don’t let greed take over.
2. Analyze Losses: If your losses exceed 10%, stop and understand why. Prevent deeper losses by identifying the root cause.
3. Avoid Ambiguous Trades: In short-term trading, only act when you have a clear understanding. Unclear opportunities often result in losses.
4. Be Cautious of Big Gains: If an asset's price has risen by over 50%, avoid jumping in. Such situations are often traps.
5. Control Emotions After Surges: High volumes after a surge can be misleading. Stay cautious and avoid impulsive buys.
6. Strategic Buying: Buy low when the market is weak, and after pullbacks when the market is strong.
7. Build Positions Wisely: Only add to your positions when you’re 90% confident. It’s safer to build positions in batches at lower points.
If you found this advice helpful, please like, share, and follow for more insights. Thank you for your support!
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