A must-read for small-capital retail investors, don’t be fooled again!
Remember not to pursue huge profits and make big gains with small things. Even with small funds, you must be steady and steady. Taking risks first to make quick money and then seeking stability after the amount of funds increases will definitely do more harm than good.
Don't speculate with a speculative mentality. From the beginning, you should treat transactions with a professional and protracted mentality. Even if the principal increases very little every year and the rate of return is very low, it is better than the high probability of losing money when pursuing huge profits. , internalize positive trading behaviors such as risk control awareness, stop loss, and diversification into your own habits and instincts during the trading process. The profit from trading may be negligible at the beginning, but you must also take it seriously to improve your trading ability. When the principal is too small, you can make higher and more stable returns through labor. Be patient and spend time working to earn principal, and spend time learning and improving your trading ability. Having a small capital is definitely not your choice to take too much risk and rely on trading to make money quickly. The reason for the large amount of capital is that the market will reward your wisdom and patience, but will not pay for your desires and suffering.
Doing the right things can form a virtuous cycle. What seems slow is actually the fastest way. Otherwise, there is a high probability that after a few years, you will not have saved your principal, but you will have a bunch of bad trading habits and become more impatient or desperate. situation. #BTC #sol #ETH