The overall market correction is a good summary for everyone in the currency circle. Keep pace!
If you want to make money in the bull market, you must first learn to adjust your mentality.
Everyone, please like and repost~
1. Try not to use leverage (unless you are really professional and don’t think you are), and choose spot investment. Otherwise, the entire army could be wiped out accidentally, especially in this situation.
2. Don’t make your stop loss too tight. Your market itself likes to catch particularly conspicuous stop losses to avoid the possibility of being calculated~
3. Don’t follow the trend frequently, and enter the market whenever you see a crazy move. The most important thing is to stick to your plan and don't get carried away by the gains in other currencies. There will always be a chance for you.
4. Don’t be overly anxious, and don’t exit a position during consolidation because there is no market.
5. Don’t be too greedy. Playing on any track can easily lead to burnout.
6. Don’t move your core holdings. Maybe you miss a good opportunity when you sell it, and it may have risen when you buy it back, which will only lead to it being idle or making it more expensive to buy.
7. Don’t spread your money too thinly, and know in your mind which coins you are focusing on.
8. The nature of social media like Twitter is that it basically only allows you to see other people making money, and most of those who lose money will not go forward, not to mention that everyone knows that those who make money forever are fake.
If you know it’s fake and still get anxious, it’s not worth the gain, so don’t let certain KOLs disrupt your thinking.