Very practical investment advice! Some of the core principles you mentioned are really important for investors:
Currency hoarding strategy: Holding cryptoassets with potential for the long term is a relatively safe strategy, especially in a bull market. This requires investors to have an in-depth understanding of the project and believe in its future potential.
Adapt to your financial situation: Choose a strategy that suits you based on your personal financial situation and investment goals. If funds are abundant, long-term holding may be easier to implement.
Pay attention to position management: Avoid potential risks caused by over-leverage or concentration of too many positions. Proper diversification of investments can help reduce overall risk.
Avoid frequent trading: For non-professional short-term traders, frequent swing trading may increase risks. Long-term holding can reduce the impact of short-term market fluctuations.
Planned selling: Set clear profit targets and risk control plans. When the expected profit is achieved, sell in time to avoid excessive greed.
Risk control: Set take-profit and stop-loss points to avoid potential risks. Avoid emotionally driven investment decisions and always stay calm.
If you have trouble grasping the market, please follow Uncle Yang, a kol who will take you through the bulls and bears of the crypto market. Analysis of daily market changes, reference suggestions for bull market deployment, contract spot passwords, all shared by the community!
