How long will it take to earn the first bucket of gold at #币圈 ? Eight words: don't make small money, don't lose big money.
Everyone understands the reasoning, but few can put it into practice.
Let me give you an example. Someone entered the market with 50,000, ran away when it rose to 53,000, making a 6% profit. As a result, the market surged all the way to 68,000, and 30% profit slipped through their fingers.
$龙虾
He thought to himself, next time I must hold on. Later, the price dropped back to 50,000, even to 47,000, and finally couldn't withstand the stop loss.
You see, how many people spend their whole lives going back and forth between “afraid of missing out” and “afraid of retracement,” unable to break free. #币圈生存法则
How to break the deadlock? Three paths.
First, only choose those that have fallen completely and are slowly climbing back up. Don't touch those new coins, don't guess the bottom. First, take 10% to build a bottom position, and wait for the trend to stabilize before moving. Slow, but steady. #Cryptocurrency market correction
Second, when the trend emerges, add 20%-30% on the pullback. I don't catch the lowest point; I wait until it's clear before entering. A slightly higher cost is fine; it’s better than being stuck halfway up the mountain.
$SIREN
Third, after a wave of increase, withdraw the principal and half the profit. Let the rest run. Sell when it reaches the profit line, regardless of how much it increases afterward. Money that hasn't reached your hands is just a number.
Last year, I helped a friend who had previously lost over 600,000; with this strategy, he broke even in half a year and even got a Model 3.
The cryptocurrency world does not lack smart people; what it lacks is foolish people who can control their hands.
If you are always reactive, and every time you buy, it drops... Big He doesn't talk nonsense, he will help you understand the tricks from a new perspective and seize the next opportunity!