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🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas,
In the Crypto Assets market, starting with $10,000 to achieve a goal of $1,000,000 is not just based on luck, but requires a systematic investment strategy. Here are 9 core experiences I have summarized; mastering these principles gives you the opportunity to achieve substantial investment returns.
1. Reasonable allocation of small funds
When the initial funds are less than 100,000, avoid frequent full-position operations. Focus on grasping market trends with higher certainty and achieve moderate profits.
2. Rationally view positive news
After the announcement of significant positive news, if you haven't sold in time, you should decisively exit when the next day opens high. Positive news often signals that "bad news has been fully priced in."
3. Focus on macro news.
Before holidays or major events, appropriately reduce positions or wait and see. Enter the market following the trend after the situation becomes clear to increase the success rate.
4. Maintain a light position for medium to long-term investments.
Avoid holding a large position at the beginning; keep enough room for maneuvering. A light position strategy helps maintain a stable mindset.
5. Short-term trading emphasizes efficiency
Short-term trading is like a "blitzkrieg"; it requires quick and accurate judgment and decisive action. Exit promptly when the market is poor.
6. Follow market trends
Market rhythms are ever-changing, and operations must synchronize with them. Avoid subjective predictions and respect market trends.
7. Timely stop-loss to protect funds
When a mistake is judged, quickly cut losses to protect funds. Persisting in the wrong direction will only exacerbate losses. Timely loss-cutting is an important means of protecting capital.
8. Make good use of technical analysis tools
In short-term trading, closely monitor the 15-minute candlestick chart and the KDJ indicator, as they can help identify more precise entry points.
9. Maintain a rational investment mindset
The Crypto Assets market is highly volatile, and investment success depends more on emotional control. Staying calm and not letting short-term fluctuations affect your judgment is essential for achieving success in long-term investments.
The Crypto Assets market may not be a guaranteed money-making machine, but it does reward disciplined investors. By mastering these 9 practical principles, you will be closer to achieving considerable investment returns. However, remember that investing always carries risks and should be approached with caution.