$VELVET exited early. I'm getting ready to look for another batch of coins that can be held for longer.
Must-read [Kai's Thoughts]:
1. Staying in the game longer is more important than making more money.
2. After making a profit, remember to come back and share the good news 😘
3. Only trade with spare funds; don't max out leverage or go all-in.
4. Set a stop-loss when opening a position, and promptly set it to break-even once you're in profit.
5. Going forward, trading opportunities will focus mainly on long positions, with short positions as a secondary option.
6. Futures trading is ultimately an extremely high-risk arena. There are many stories of people getting rich overnight in this market, but very few truly survive. I recommend gradually allocating some funds to spot holdings of major coins when prices are low.
7. The market is unpredictable; these recommendations are for reference only.