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🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas,
Have you ever felt lost in the crypto world, yet still unable to find a stable and profitable method? Today I want to share four trading rules.
Especially these days, always remind myself! Strict trading discipline!
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Every reminder is hoping that friends in the crypto world can make money!
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The first iron law is "follow the trend". In the crypto world, do not go against the trend, otherwise you will be ruthlessly crushed by the market. Only by following the market trend can you make profits steadily.
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The second iron law is 'strict risk control.' No matter how excellent your trading strategy is, without strict risk control, a huge loss could wipe you out. Therefore, we must set stop-loss points to avoid emotional trading.
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The third iron law is 'only trade within the pattern.' Everyone has their own trading pattern, and only by trading within the pattern you are familiar with can you reduce the likelihood of making mistakes. Do not blindly follow the trend or try new trading methods easily unless you have fully understood them. The final iron law is 'persist in compound interest.' The compound interest effect is one of the most powerful forces in the stock market. Only by persisting in long-term investment can your funds achieve exponential growth. Do not be greedy for temporary profits and forget the magical power of compound interest.
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These four trading iron laws, although seemingly simple, contain profound investment wisdom. If you want to make stable profits in the crypto world, you must bear in mind these four iron laws and continuously apply and improve them in practice.
Regardless of the bull or bear, always advocating for half-positioning at any time.
It's high-frequency short-term trading!
Many people may not fully understand, but study the pinned posts carefully.
Can slowly study