Buddhist-style cryptocurrency trading emphasizes a calm and patient mindset, avoiding impulsive trading decisions due to short-term market fluctuations. Specifically, Buddhist-style traders will:
1. Not increase positions: Avoid adding investments during market volatility to prevent increasing risk.
2. Not sell: Do not sell during slight market fluctuations, maintaining a long-term holding mentality.
3. Not listen to insider news: Do not rely on rumors, sticking to their own investment strategies.
Successful and failed cases
Successful case: Holding onto high-value cryptocurrencies for a long time, such as Bitcoin and Ethereum, waiting to sell when the market rises to obtain high returns.
Failed case: Frequent trading in pursuit of short-term gains, which may ultimately lead to losses.
In summary, Buddhist-style trading emphasizes long-term holding and a calm mindset, avoiding impulsive decisions due to short-term fluctuations, thereby achieving stable returns in the cryptocurrency market.