How many of these knowledge about cryptocurrency trading do you have? [Improving knowledge is important! ]
① Be patient enough
In the world of cryptocurrency trading, patience is the primary key to success.
② No eternal rise
Understand that no coin can rise forever. Being patient means that you always have the opportunity to buy cost-effective coins at the right time.
③ Be wary of the KOL craze
When KOLs in the Chinese area recommend a certain coin, it often means that the staged high point has arrived. At this time, you need to consider reducing your position at the right time.
④ Focus on the core track
Just focus on a few core investment areas, and allocate corresponding coins in each area, and hold until the end of the bull market.
⑤ Stay away from leverage games
Avoid using contract leverage, stick to spot investment, and reduce risks.
⑥ Buy low and sell high
Buy when the market is quiet and sell when it is crowded. This is the basic principle of investment.
⑦ Never go all-in
Always keep a portion of USDT (or equivalent currency) to deal with possible emergencies.
⑧ Maintain liquidity
Ensure the liquidity of assets so that investment strategies can be adjusted quickly when needed.
⑨ Diligence and cognition
The accumulation of small wealth depends on diligence, but the real growth of wealth depends on a deep understanding and cognition of the market.
⑩ Seize opportunities within cognition
Don’t try to grasp all investment opportunities, just focus on the opportunities that you can understand and grasp.