To successfully navigate this ETH market trend, you need to engrain trading discipline in your mind. The following principles are best reviewed daily—don't wait until you suffer losses to regret.



The first rule of trading is to take profits when you see them; never try to squeeze out the last bit. Next, always run with profits—this is how you preserve your gains. Be ruthless when it’s time to sell; many people get stuck here, always thinking of waiting a bit longer—but "waiting" can be the biggest harm. Never fantasize about perfect entry points; the market won't give you what you want. Cash is king—this is not just talk; holding USDT is holding opportunity.

In market trend judgment, don’t rush to sell during a sharp decline; it might be a bottom signal. During slow declines, gradually exit. In speculative markets, don’t sell during slow rises; the best time to exit is during a sharp increase. Everyone understands the principle of locking in profits, but executing it is the real test. Lastly, never chase the market—doing so almost always comes at a bloody cost.

Incorporate these principles into every trade to help you survive longer amid Ethereum’s volatility.
ETH-1,58%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)