The cryptocurrency world is a place of love and hate. Have you ever wondered why some people can multiply their investment by hundreds of times, while others watch their accounts shrink day by day?
I know an OG who invested 100,000 and now the market cap has exceeded 50 million. His words instantly woke me up: in the crypto market, it's all a crowd of rabble. As long as you control your emotions, this market becomes a cash machine! Surviving in the crypto world is not just about luck or skills; more importantly, it's about whether you can control your emotions. If you have a good mindset and the right strategy, the market will generally make way for you. Today, I want to share some practical tips I learned from this veteran to help you avoid detours in the industry. 1. Don't rush when entering Many people think they need to make big money immediately after entering, but this is not a sprint race. Steady entry is the key. Don't rush in just because there's a hot trend. Stay calm, test the waters first, and avoid reckless moves. 2. Sideways movement is an opportunity Consolidation and oscillation are not necessarily bad; on the contrary, they are the best trading opportunities! When the price consolidates at a low level and hits a new low, heavily buy the dip; when it consolidates at a high level and surges, sell decisively. Identify support and resistance levels, and you can profit steadily amid fluctuations. 3. Don't panic during volatility, seize the opportunity When the market surges, sell quickly; when it plunges, buy swiftly. During sideways movement, be patient and observe, waiting for the market to make its move. Capture rebounds and pullbacks, and you'll be on the winning side. 4. Clarify buy and sell timing When others are greedy, be cautious; when others are fearful, be brave. Buy on bearish candles, sell on bullish candles. Enter during sharp declines in the morning, exit during sharp rises. Identify the right timing, and avoid blindly chasing highs or selling lows. 5. Manage risks; preserving your life is the top priority Beneath a calm surface, big waves are always coming. In crypto, never operate with full position; never act blindly. Learn to enter in batches, cut losses when losing, exit when winning, and always stay calm. Keep a clear mind. Behind these seemingly simple principles are countless lessons learned from market blood and tears. Learn to stay calm, learn to wait—opportunities in the crypto world are always there, it all depends on how you seize them! #加密市场开年反弹 #特朗普突袭委内瑞拉 Follow Chen Kehan, and together we will rise with the trend to nine thousand miles.
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The cryptocurrency world is a place of love and hate. Have you ever wondered why some people can multiply their investment by hundreds of times, while others watch their accounts shrink day by day?
I know an OG who invested 100,000 and now the market cap has exceeded 50 million. His words instantly woke me up: in the crypto market, it's all a crowd of rabble. As long as you control your emotions, this market becomes a cash machine!
Surviving in the crypto world is not just about luck or skills; more importantly, it's about whether you can control your emotions.
If you have a good mindset and the right strategy, the market will generally make way for you.
Today, I want to share some practical tips I learned from this veteran to help you avoid detours in the industry.
1. Don't rush when entering
Many people think they need to make big money immediately after entering, but this is not a sprint race. Steady entry is the key.
Don't rush in just because there's a hot trend. Stay calm, test the waters first, and avoid reckless moves.
2. Sideways movement is an opportunity
Consolidation and oscillation are not necessarily bad; on the contrary, they are the best trading opportunities! When the price consolidates at a low level and hits a new low, heavily buy the dip; when it consolidates at a high level and surges, sell decisively.
Identify support and resistance levels, and you can profit steadily amid fluctuations.
3. Don't panic during volatility, seize the opportunity
When the market surges, sell quickly; when it plunges, buy swiftly. During sideways movement, be patient and observe, waiting for the market to make its move.
Capture rebounds and pullbacks, and you'll be on the winning side.
4. Clarify buy and sell timing
When others are greedy, be cautious; when others are fearful, be brave.
Buy on bearish candles, sell on bullish candles.
Enter during sharp declines in the morning, exit during sharp rises.
Identify the right timing, and avoid blindly chasing highs or selling lows.
5. Manage risks; preserving your life is the top priority
Beneath a calm surface, big waves are always coming. In crypto, never operate with full position; never act blindly.
Learn to enter in batches, cut losses when losing, exit when winning, and always stay calm. Keep a clear mind.
Behind these seemingly simple principles are countless lessons learned from market blood and tears. Learn to stay calm, learn to wait—opportunities in the crypto world are always there, it all depends on how you seize them! #加密市场开年反弹 #特朗普突袭委内瑞拉
Follow Chen Kehan, and together we will rise with the trend to nine thousand miles.