#5月非农数据即将公布 #美国4月核心PCE指标显示通胀放缓
The first step to deal with small funds is to control your hands and not trade frequently. It is better to trade with quality than with quantity. We are playing with heartbeats, not lifebeats.
How to play with small funds? Several basic principles:
1. [Look for opportunities to ambush]: For example, the current MEME is hot, and you have to keep an eye on market sentiment for coins like PEPE and DOGE. Controversial topics and celebrity effects are all triggers. Wait for the drop before grabbing a handful, don't follow the trend at high levels.
2. [Risk diversification]: Don't put all your money on one boat. You can consider 70% of mainstream coins and 30% of altcoins in configuration. Mainstream coins are more stable, such as ETH or BTC. Altcoins can bring you higher returns, but they also come with higher risks.
3. [Fixed investment]: Fixed investment is suitable for most people. You don't need to watch the market, you just need to buy at a fixed time. For example, buy a fixed amount of BTC or ETH every month to lower the cost.
4. [Follow the hot spots and retreat decisively]: When the hot spots of altcoins come, just do a vote and run away without lingering. Don't be timid when the hot spots come, opportunities are rare, but once you find that the wind direction is wrong, you must retreat decisively without lingering.
5. [Continuous learning, master the market]: You must understand market analysis, fundamental research, and technical analysis, especially pay attention to market news and sentiment. Market sentiment determines short-term prices, and news determines medium- and long-term trends.
6. [Maintain mobility]: Investment should be flexible, don't bet all on a certain coin, maintain good liquidity, and be able to enter and exit the market at any time. Play crypto, always maintain the mobility of running away.
7. [Pay attention to costs]: Exchange fees and transaction slippage must be considered. Frequent transactions may make money but be eaten up by fees.
Finally, you must have a good mentality, not greedy or panic, there are plenty of market opportunities. Young people should try more and don't be afraid of failure. Every fall is an opportunity for growth. Remember, investment is a protracted battle, enjoy the process, and be a rational gambler.