Overcoming the "Can't Hold" Mentality and Cryptocurrency Trading Advice

Avoid Frequent Short-Term Trading: Don't trade too frequently within the day; the smaller the fluctuations, the harder it is to grasp. If you engage in frequent intraday operations for a year, trading fees could account for more than half of your principal. Money is made through consistent profits rather than frequent trading.

Control Position and Set Stop-Loss and Take-Profit: Avoid investing all your capital in one cryptocurrency; you need to control risk. Divide your funds into 5 parts, investing 1/5 each time. Strictly set stop-loss at 5-10 points. Even if you make consecutive mistakes, you only lose 5-10% of your total capital. If you make the right call, wait for the market to peak before taking profits, seeking victory through stability.

Operate Rationally, Without Emotions: Trading cryptocurrencies should be rational; buy and sell based on target prices and stop-loss levels. Be brave enough to admit mistakes and cut losses, as there will be many opportunities afterward.

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