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Details: ht
In the digital money market, becoming an excellent trader requires immense patience and self-discipline. The cyclical changes in the market are unavoidable, and understanding this is crucial for long-term success.
Based on experience, the period from May to August each year is usually a market downturn, and many seasoned traders choose to maintain lower positions or completely stand aside during this time. In contrast, the best entry opportunities often occur in two time frames: from the end of August to the end of November, and from before the Spring Festival to early April. Following this pattern can help investors better grasp the market rhythm.
However, simply knowing when to enter is not enough. It is equally important to look for coins with huge growth potential. This strategy can yield substantial returns in a bull market.
For investors considering contract trading, risk management is particularly critical. Suppose you have an initial capital of $5000, a prudent approach is to use only 10% of it, which is $500, to open a position. This conservative method can effectively reduce the risk of liquidation.
Although contract trading attracts many investors due to its high leverage, it also comes with significant risks. Therefore, formulating a reasonable capital management strategy and strictly controlling risk exposure is key to surviving and developing in this rapidly changing market.
Remember, in the digital money market, protecting the principal is always the top priority. Only by ensuring the safety of funds can one remain undefeated in the long-term game. Regardless of how the market changes, maintaining calm and rationality is always the cornerstone of successful investment.