$VELVET ⚠️⚠️ What personalities are unsuitable for trading altcoins! People who are afraid of losing, unable to control adding positions after losses, averaging down, thinking about quickly getting back! It might take 80% of the time to recover, but it only takes one time to make you lose both principal and profits together! There are two directions: shorting and going long! When shorting, you must set a stop loss, must trade with light positions, and do not add positions after losses! Because no matter how high the price is, it can still rise dozens of times more!


When going long, with a light position and 1x leverage, you don't need to set a stop loss! But don't stubbornly cling to one coin. Divide your principal into 30-50 parts, and only take out one part for each coin to trade! Even if it drops 90%, don't add positions. Your liquidation price is 0, so what's there to fear! Be a friend of time!
Take a business investment example: a large investment bank invests in 100 projects over a year, most of which are loss-making, while a few projects make huge profits, creating several times or even dozens of times the cost in profits, then covering the remaining losses and still having incremental profits. This is what I consider an example of "positive expectation."
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