In the cryptocurrency world, buying too little or not being able to hold on due to high volatility is a common problem for many investors.
Investment goals and strategies
1. Make it clear whether your investment goal is long-term holding or short-term arbitrage. Different goals correspond to different investment strategies, which can help you stay calm in market fluctuations
2. Emotional management is particularly important
Set stop loss and stop profit points: set the maximum loss and expected return you are willing to bear in advance. Once these points are reached, follow the plan to avoid emotional trading
3. Don't put all your eggs in one basket
Don't invest all your funds in a single cryptocurrency. Diversifying investments in multiple projects can effectively reduce risks and reduce psychological pressure caused by large fluctuations in individual assets
4. Consider holding stable assets
When market uncertainty is high, you can consider holding a portion of stablecoins or blue-chip coins with large market capitalization (such as BTC, ETH), which are usually less volatile and easier to hold.
You can better manage emotions and risks when you buy too little or can't hold, and gradually improve your investment confidence and decision-making ability.