Xinguang has been working in the cryptocurrency circle for many years and has summarized many classic quotes. I hope it will be helpful to new and old non-vegetarians.
First, don't hold orders. The profits you hold will sooner or later be returned to the market because of "holding".
Second, don't guess the top and bottom. The profits you guess will sooner or later be returned to the market because of "guessing".
Third, don't guess the top and bottom, because it may still be halfway up the mountain.
Fourth, don't rely on news, because this is "guessing" the top and bottom.
Fifth, don't leave the market easily when you are profitable, because you may be running halfway up the mountain.
Sixth, don't get excited when you see big Yin Yang lines, because it may be a "performance" by the dealer for the leeks.
Seventh, don't think that the market you see is the last wave of the market and rush forward recklessly; as long as your principal is still there, there will be market every day.
Eighth, don't trade frequently, which will not only make you lose your general direction and increase the probability of making mistakes, but also increase transaction costs, which is not worth the loss.
Ninth, don't make counter-trend orders. If you are right, hold on tightly, and if you are wrong, run away quickly.
Tenth, don't buy at a low price, and don't sell because the price is high. Don't act rashly if the trend has not changed.
Eleventh, don't treat trading as your main business, don't watch the market, the time you watch the market is inversely proportional to the profit.
Twelfth, don't trust others' opinions easily, in the end only you are the most trustworthy.
Thirteenth, don't make big mistakes, missing out is not a big mistake, and making mistakes is not a big mistake as long as you stop loss. Only high-leverage large orders that eventually cut meat and blow up are considered big mistakes. No matter how many times you have done it right before, as long as you make a big mistake once, the previous ones will be lost, and compound interest will be terminated.
Fourteenth, if you want to gain something in the cryptocurrency circle, you must stay away from people who consume your attention. Chatting with such people all day long will only waste your time and energy, and in the end you will gain nothing.
Fifteenth, if you don’t have enough knowledge, you can’t make money even if you follow others, because countless facts have proved that the circle changes too fast and you can’t keep up
Focus on: BTC, ETH, SOL, ORDI, WIF, BOME, PEPE, BNB, SATS
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