Many people lose money in the crypto circle. Actually, it’s not because their skills are weak, but because they always try to catch the “top and bottom.”

Shorting at highs and going long at lows sounds right, but the reality is: you never know if there will be even higher or lower levels.
The trading that can truly survive long-term boils down to one sentence: Don’t guess the direction; follow the trend.
1. First, look at the big picture
When the price is above the moving average, short less; when below the moving average, long less.
Don’t go against market sentiment. #gStocks代币化股票上线
2. First test with a light position
First use a small position to verify the direction. If wrong, exit; if right, add more.
Those who go all-in right away basically die from emotions.
3. If wrong, stop loss
If it breaks a key level, exit. Don’t hold losing positions or add positions.
The market won’t turn back just because you refuse to admit defeat.
4. Add only when in profit
Only add to positions that are making money. Adding to losing positions is just magnifying the mistake.
5. Protect your profits
When you have made money, learn to set a stop loss to secure profits, making them as safe as possible instead of giving them all back. $BTC
6. Know when to leave
When approaching resistance or the trend weakens, take profits in batches. Don’t fantasize about selling at the highest point.
In summary
In the crypto circle, it’s not about prediction ability, but the ability to survive.