The cryptocurrency world is truly a place that evokes both love and hate. $ETH
Have you ever wondered why some people can multiply a small investment by hundreds, while others sink deeper into market fluctuations? $ZEC
I know an experienced senior in Beijing who said something that made me completely realize: The cryptocurrency market is full of a disorganized crowd; all you need to do is control your emotions, and this market becomes an ATM! $RIVER
Once you can achieve this, the market will become your tool for withdrawal.
I understand that surviving in the cryptocurrency world is not just about luck or skills; more importantly, it depends on whether you can control your emotions well.
With a good mindset and correct strategies, the market will generally yield to you.
Today, I will share a few practical secrets I learned from this senior to help you avoid detours in the cryptocurrency world.
1. Don't rush when entering the market
Many people think they need to make big money right when they enter, but this is not a race; a steady entry is the key.
Don't rush in just because of a trending opportunity. Stay calm, test the waters first, and don't make hasty moves.
2. Consolidation is waiting for opportunities
Consolidation and fluctuations are not necessarily bad; on the contrary, this is the best buying and selling opportunity!
When the price is consolidating at a low and making new lows, buy heavily; when the price is consolidating at a high and pushing higher, sell decisively.
Identify the support and resistance levels, and you can stabilize your profits during fluctuations.
3. Don't panic during volatility; seize opportunities
When the market surges, quickly sell; when it plunges, enter swiftly.
During consolidation, be patient and observe, waiting for the market to show its hand.
By catching rebounds and pullbacks, you can position yourself on the winning side.
4. Distinguish between buying and selling opportunities
When others are greedy, you should be fearful; when others are fearful, you should be brave.
Buy on bearish candles and sell on bullish candles.
If there's a significant drop in the morning, enter the market; if there's a significant rise, sell.
Identify the right timing; don’t blindly chase prices or sell in panic.
5. Control risks; preserving life is the key
Beneath the calm lake surface, there are always big waves.
In the cryptocurrency world, don’t operate with all your capital; never act recklessly.
Learn to enter the market in batches; cut losses when you lose, withdraw when you win, and always remain calm and collected.
These seemingly simple principles are backed by countless “bloody lessons” from the market.
In the cryptocurrency world, opportunities always exist as long as you can stay calm and wait; the final rewards will come naturally. #特朗普对欧洲加征关税 #Strategy增持比特币
