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To make a big fortune in the crypto world and quickly earn 1 million, the essential logical thinking:


#BTC#
First, never think about making money. As long as you can fully execute your trading system, trading plan, and trading principles, no matter what style it is. As long as you can do it, you are already the first, beating the vast majority of the market.
Second, losing money in the crypto world is caused by multiple reasons, such as frequent switching between long and short positions in the bull run, reckless trading with high leverage, reckless buying of Options, and reckless behavior. Once you make money, you must withdraw it, because you never know when the will come back.
Third, remove high leverage, remove frequent trading, earn money and learn to withdraw a portion, never replenish after running away, cherish the bull market given to you by the heavens. Most people do not make money by their own ability, but just passively get rich in this cycle of prosperity.
Fourth, when the bull turns around to eat grass, catch the bottom is the first principle. Buy big dump, buy small fall. However, you must control the Position well, no matter how deep the retracement this time, you cannot let a single Position be too heavy, and do not give yourself any room for error.
Fifth, "chasing the new without chasing the old", the new assets are the biggest opportunity in the Bull Market. As long as you catch the opportunity, you will gain wealth easily. So as long as the direction is right, even if you invest a small amount and sell early, it's still very profitable.
Sixth, the "leading" effect. You should get used to buying the "leading" projects in this field and develop the habit of buying leading ones. Many people miss the "leading" and turn to buy the so-called "dragon 2, dragon 3", which also has risks. Generally, true "leading" projects have high ceilings, so the missed opportunity you think you have may only be halfway up the mountain.
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The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
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