1. Do not easily be deceived by low-priced chips. Maintain conviction to prevent malicious market manipulation.
2. Chasing highs and cutting losses, and going all in and out is always a major taboo. If the overall trend is favorable, gradually building positions during declines carries lower risk, lower costs, and greater profits than chasing highs.
3. Reasonably allocate profits to maximize the release of funds, rather than continuously adding to positions.
4. Rapidly rise to recoup costs, hold coins during rapid declines. Always maintain a positive mindset, avoid speculation, restlessness, greed, and fear, and do not engage in unprepared battles.
5. The low-priced coins from earlier are based on experience and betting on the future of this coin, while the subsequent secondary market battles rely on technical analysis and news to follow the trend. Do not confuse the primary and secondary issues, or it will end in chaos.
6. Building positions and unloading must be done in layers and stages. Gradually widen the price segments to effectively control the ratio of risk and profit.
7. Be familiar with the interconnected effects. Observe the market for coins while also paying attention to the movements of other coins. Each coin in the market does not exist in isolation; they seem unrelated but are actually intertwined. Understand the interconnected effects of coins and make full use of consulting tools and apps.
8. Reasonable allocation; the configuration of hot coins and value coins should be reasonable. Pay attention to the ratio of pressure resistance and profit intake. Being too conservative may miss opportunities, while being too aggressive may face high risks!
The biggest characteristic of value coins is stability, while the biggest characteristic of hot coins is severe volatility; they may skyrocket or plummet to zero in one battle.
9. Investing with spare cash is fundamental. Having coins on the market, liquidity in the account, and cash in the pocket is the safest and most reassuring standard configuration. One should not go all in; grasping risk control and reasonable allocation of funds is key to your mindset and success or failure.
In the past few days, I have been preparing for the launch of a divine order!!!
Comment 168, get on board!!!
Impermanence brings impermanence brings impermanence!!!
Important things must be said three times!!!