Give up the tail-risk: when the price rises to a relatively high level, decisively take profit and lock in gains. When the tail-market risk increases, take timely profits. Quickly cash out and convert the profits to fiat to protect your cash flow.
General Tao found that most people lose money not because they don’t know these principles, but because when it comes time to execute, they completely forget them.
When it goes up, they think it can still rise; when it falls, they think they can hold it back. They don’t leave when they should, and they don’t take when they should. Even with the right understanding, if execution can’t keep up, it’s still all for nothing. Between knowing and doing, there’s a river called self-control. $CL
The crypto market is full of uncertainty, yet it also contains opportunities. Stay calm and rational, and use a prudent strategy to respond to changes.
#美SEC取消加密规则制定会议
General Tao found that most people lose money not because they don’t know these principles, but because when it comes time to execute, they completely forget them.
When it goes up, they think it can still rise; when it falls, they think they can hold it back. They don’t leave when they should, and they don’t take when they should. Even with the right understanding, if execution can’t keep up, it’s still all for nothing. Between knowing and doing, there’s a river called self-control. $CL
The crypto market is full of uncertainty, yet it also contains opportunities. Stay calm and rational, and use a prudent strategy to respond to changes.
#美SEC取消加密规则制定会议
