Six truths in the cryptocurrency circle: help you move forward steadily in cryptocurrency investment$BTC $ETH $SOL

1. Wealth accumulation

The wealth in the cryptocurrency circle is usually concentrated in a short peak period. Most of the time, it is wiser to wait for opportunities than to operate with a full position. Newbies are often eager to enter the market, worried about missing the market, but remember that waiting itself is an investment strategy.

2. Stop profit and stop loss

The key to trading is not buying, but when to sell. Strictly setting stop profit and stop loss points is the key to successful trading. A true master knows how to sell decisively at the right time.

3. Beware of following the trend

If you hear that others have made money with a certain coin, don't blindly follow the trend. When the news reaches your ears, it is often at a high level, and it is very risky to enter the market rashly. Keep independent thinking and avoid becoming a victim of "chasing up and killing down".

4. Rational investment

Don't have blind faith in any coin, and leave the market in time when you make money. Recognize the trend and wait quietly for the next opportunity. The competition in the cryptocurrency circle is not about who earns more, but who can live longer.

5. Treat it rationally

Don't fantasize about getting rich overnight, the probability of this is extremely low. What you can earn is always the money within your cognitive range. Look at every investment rationally, and steady progress is the long-term way.

6. Risk management

Investment is risky, so be careful. Don't bet all your belongings, and leave yourself a way out before entering this circle. Reasonable risk management is the key to survival in the cryptocurrency circle.

Every sentence is a talk of experience, helping you avoid detours in the cryptocurrency circle and move forward steadily.