The easiest way to lose money in the crypto world isn't market downturns, it's losing control of your hands.


At first, whether you understand or not, you buy whenever you see movement.
As a result, when prices go up, you can't hold, and when they fall, you scramble to buy more, eventually reducing your principal more and more.
Later, I switched to a simple approach.
Only trade trends I understand, and do nothing during sideways markets.
Never risk more than one-third of your position on any trade.
Cut losses at the point of loss, never drag them out.
Take some profit when you can, and don't let profits sit idly in the account.
Don't rush to recover losses; trade steadily.
After two or three months, a small principal gradually grows.
It turns out that being steady is better than being fast, and it's less likely to lose.
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