#美SEC和CFTC加密监管联手# The Wisdom Principles of Digital Money Investment: Eight Trading Essentials

Article 1: When being trapped, prioritize capital preservation; seeking excessive profits will lead to self-destruction.
When some of your digital assets are trapped, do not hold onto the illusion of quickly turning a profit. Overly pursuing profits will only cause your losses to snowball. Rationally add to your positions, and the primary goal is to protect your principal, so you can survive in this market for the long term.

Article 2: When the surface is calm and there is a slight increase, be wary of the huge fluctuations behind it.
The crypto market often hides secrets beneath a calm surface. Don't be misled by slight increases; always stay alert and guard against the violent fluctuations that may come at any time.

Article 3: After a significant rise, there will inevitably be a pullback, and the candlestick chart usually presents a triangular pattern.
When the coin price rises sharply, don't be overly happy. In this situation, a pullback is almost inevitable. Carefully observe the K-line charts, as the multi-day trend often outlines signs of a triangular pattern.

Article 4: Buy on bearish candles and sell on bullish candles; reverse thinking conquers the market.
A wise move is to buy when a downward trend forms a bearish candle and sell when an upward trend forms a bullish candle. Acting against the prevailing market psychology is what allows one to stand out in the competition.

Article 5: Do not sell at high points and do not buy at low points; maintain a wait-and-see approach during the fluctuation range.
Don't rush to sell when prices soar, and don't rush to buy the dip when there is a sharp decline. During the market consolidation phase, the best strategy is to remain inactive and wait for clear signals.

Article 6: Focus on support in an uptrend and pay attention to resistance in a downtrend.
In a bullish market, closely monitor support levels to guard against pullback risks. In a bearish market, focus on resistance levels to look for potential rebound opportunities.

Article 7: Avoid full position trading, maintain flexible adjustments, and timely cut losses in response to changes.
Never operate with a full position, and don't be stubborn in your opinions. The market changes rapidly; learn to take profits and cut losses in a timely manner, be flexible in your entries and exits, and seize the best trading opportunities.

Article 8: The success or failure of a trade depends on mindset, overcoming greed and fear.
The core of cryptocurrency trading is mindset management. Greed and fear are the biggest stumbling blocks on the investment path. Avoid blindly chasing highs and selling low; maintaining a calm and peaceful mindset is key to long-term success.