For novice traders, how to avoid losses?
After 10 years of trading, I have made a lot of money during the bull market, and I have also faced 'bankruptcy' twice. Now I can support my family through trading, withdrawing over 8 million for spending, with over 26 million still in exchanges. Truthfully, I've made it through!
Just because I relied on the classic trading rules of sticking to moving averages, I almost consumed all the profits from my holdings. The principle is simple: firmly stick to this kind of trading system, and over time, this system will become your ATM.
I consider myself one of the earliest people in China to play Bitcoin. I started promoting Bitcoin in 2011, but after playing for a short time, I got off early. Later, I played with altcoins for a while and made a bit of small money!