How to protect yourself during fluctuations #Gate广场新手村第八期

1 Don't use leverage, and don't chase highs or sell lows.
The crash over the past three weeks has proven that leverage is the biggest source of losses for ordinary people. Whether in a bull market or during a correction period - do not use leverage.
2 Dollar cost averaging investors: Please persevere and don't be scared away by short-term Fluctuation.
The best time for dollar-cost averaging is often during a sharp decline. If you are a long-term investor: do not stop your dollar-cost averaging at the bottom, and do not panic sell; let time help you earn money from fluctuations.
3 Those who do not understand technical analysis should not attempt to catch the bottom.
Buying the dip is always one of the most dangerous moves. If you want to buy: purchase in batches with small amounts to control risk exposure.
4 Don't set the allocation ratio too high: Crypto assets are high-risk positions.
Reasonable suggestion: General investors: 5%-10%
Advanced investors: 10%-20% (risk tolerance) not recommended to exceed 30%
Cryptocurrency is sexy, but it is also dangerous. Positioning is more important than judgment.