Yesterday’s liquidation volume for $BTC /usd was about #400миллион . What does this mean for us ordinary people who analyze charts, read the news, and spend an enormous amount of time trying to earn our first million, a billion, etc.
That we are only pawns in the game of the makers, and they shear us whenever and however they want.
Be cautious before entering a position, and enter without emotion.
Always keep an eye on the news and what’s happening in the world: the Fed, banks, wars, removals from office, and other emergencies.
Don’t forget to set a stop-loss and take-profit, with a minimum ratio of 1:3—or even better, 1:4.
Don’t wait for the price to move in your favor. It’s better to close the position and start over after taking a break.
Don’t try to make all the money in the world. Make a daily, weekly, monthly, and yearly plan.
Only enter with 10% of your initial earnings on non-exchanges.
Only you can make yourself rich or poor. If you didn’t manage to get in, then it wasn’t meant to be—you can enter another position.
Master one or two coin pairs. Learn everything about them: their origins, how they work, scandals, plans, and projects.
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