Advice for Newcomers from an Experienced Trader in the Crypto World!
🔍 1. Cognitive First: Understand the Essence Before Entering Reject FOMO (Fear of Missing Out) In a bull market, there are 'stock gods' everywhere; in a bear market, no one cares. Do not blindly chase highs out of fear of missing out; the cryptocurrency market is extremely volatile, and impulsive investments are often the beginning of losses. Recognize the Difference Between Speculation and Investment Most people trade cryptocurrencies as speculation rather than investment. Clarify your goals: is it short-term arbitrage or long-term positioning? Do not confuse strategies. ⚠️ 2. Risk Control: Survival is the Top Priority Invest Only Idle Money Never borrow, do not leverage, and do not use essential living funds to enter the market. The cryptocurrency market could go to zero; ensure that losses do not affect normal life.
The first "Goddess Cup" contract challenge in the square, I am "gaining both wealth and beauty". All 6 female trading guests who participated yesterday were profitable! This fully demonstrates the rarity and excellence of female traders in this market! Once again, thank you for the strong support from the female contestants. Thanks to Binance Chinese and English, the hosts, DJs, the four male gods of Binance, and all the major streamers who supported us. The next "Goddess Cup" can be scheduled, female traders who need to sign up can trade with me! Below are screenshots from our goddess's live broadcast, showcasing the real trading situation with the goddess for everyone's enjoyment. 😁