Tips for newcomers to the Crypto Community
1. Only about 10% of the toilet paper is used, and the remaining 90% is to keep your hands from touching feces. The truth is the same with the Crypto Community, 90% of your wealth is earned in 10% of your time, so it is important not to be full position, to be friends with time, and to use 90% of the waiting opportunities. The new leeks are not willing to Short Position or even half a warehouse is uncomfortable, must shuttle in, this fear of Miss Out I understand, poke who please raise your hand. (Not Full Position, Wait for the Opportunity) 2, whether Spot or Contract, you must set a take-profit and stop-loss, will buy is not powerful, will sell is a master, obviously this transaction is earned, but can not defeat greedy human nature, in the end it is trapped, haha, it is you, I believe everyone has experienced, this is the charm of take-profit. Then I'll talk about stop loss, setting a stop loss is not for you to really stop the loss, but actually to improve your capital utilization. For example, if you are trapped in a single order, and now you cut off a loss of 100u, you believe that you will turn losses into profits after a long time, and then hold on a little longer, then I tell you, even if you turn losses into profits in the future, you will also lose, you have time costs in it, even if you stop loss, you will put your funds into the tuyere with higher returns. Especially in the Bull Market, the same funds you can't get out of this list, and wait for 1 week to finally untie it, 1 week you are equivalent to 100u of the floating loss. (I don't care if you buy it or not, you must learn how to sell it)
3, what others buy to make a fortune, when you hear the news you must be afraid of missing it, hehe, when you hear the news the moment it is already late, you go in is a high position, the risk is huge. (Don't have foom emotions, stay away from people who give you foom emotions)
4, don't have faith in a certain currency, it's okay to be a scumbag green bitch and go away if you earn it, identify the tuyere, leave when you earn it, wait quietly for the next tuyere, don't think that you can fly if you choose the right tuyere, our little leeks see the scenery outside when they take off, and the first thing to consider is not how to fly
higher, but to think about how to be safe
road, otherwise the wind stops and you haven't left, and you are the first to fall to your death. (Accept it when you see it, the Crypto Community is not faster than who makes money, it is longer than who can live) 5, don't believe in getting rich overnight, but you have to believe in the power of compound interest, it is really very powerful. (The eighth wonder of the world, everyone who knows it)
6. Don't use the funds that affect your life to Cryptocurrency Trading, I have a little brother, humble and cautious when I first met me, sent me a voice in the middle of the night to ask me some questions about kdj, macd, ma line, I handed over a little fur of his foundation, this guy is like a treasure, thinking that invincible will win, heavy position billing, 3 months, 2W earned 8W, I repeatedly dissuaded to no avail, he in turn took a screenshot of the income to show me, saying that I got liquidated and exploded my ambitions, saying that I was too conservative and so on. Do you say that it is easy for a college graduate to find employment? After earning tens of thousands of dollars in a short time, he dared to resign decisively and wanted to be a professional Cryptocurrency Trading, and then plummeted, he sent me a voice voice and his voice was shaking, and the market helped me to this little guy
Thinking dog tail grass .