🔥🔥The bull market is coming, prepare for the next SHIB🔥🔥
When trading cryptocurrencies in the short term, please remember the following three iron rules:
First, after making a profit, know how to protect your gains. For example, after buying a certain cryptocurrency, if the increase exceeds 10%, proceed with caution. Once the price falls back to the purchase price, sell immediately. If the profit reaches 20%, set a target to retain at least 10% of the profit before selling, unless you are confident that you have reached a temporary high. Similarly, when the profit is 30%, retain at least 15% of the profit before selling. This way, even if you cannot accurately grasp the peak, you can ensure steady profit growth.
Second, decisively cut losses after incurring a loss. After buying a certain cryptocurrency, if the loss reaches 15% (this can be adjusted based on personal circumstances, but 15% is a reasonable reference), sell quickly to avoid further losses. Even if the price rises later, treat it as a poorly timed trade and be brave enough to accept the loss. Before each trade, be sure to set a stop-loss point; this is a basic requirement for trading cryptocurrencies.
Third, if the price falls after selling, consider buying back at the original price. If the price drops after selling a certain cryptocurrency, and you still have confidence in its prospects, you can buy back the same amount of the cryptocurrency. This way, although the number of coins remains unchanged, the cash on hand increases. If the price drops slightly after selling and you do not buy back, but then the price rises back to the selling price, you should buy back unconditionally.
Additionally, regarding the meme-themed dog coin related to Musk (puppies), it can be accumulated appropriately, but this coin is not suitable for short-term operations. Its trend is currently similar to SHIB and may become the next SHIB. #puppies会是下一个shib
#加密用户突破1800万 #比特币冲向11万? #市场全线看牛? #BTC持续刷新高点 $DOGE $PEPE $SHIB