Suggestion 2: The frequency of trading must be reduced

High trading frequency is a fatal flaw for many investors. Many people blindly chase highs and sell lows in the market, opening and closing positions every day, ultimately losing the opportunity to make money. In fact, reducing the number of trades is a very important piece of advice for any cryptocurrency investor.

As an investor who has been working in the cryptocurrency space for a long time, I advise everyone: reduce trading frequency, control the number of trades each time, and preferably do not exceed two trades a day.

Why? There are several obvious benefits:

1. More time to analyze the market. When trading frequency decreases, you have more time to study market conditions and conduct more comprehensive technical analysis. Through in-depth analysis, you can better grasp every market fluctuation.

2. Increase success rate. According to statistics, many investors have the highest accuracy on their first trade. As the number of trades increases, the probability of errors also gradually increases. Therefore, reducing the number of trades can avoid losses caused by frequent operations.

3. Reduce emotional interference. Frequent trading can easily put people in an emotional state. Every fluctuation can trigger impulsive thoughts, leading to wrong decisions. Reducing trading frequency helps control emotions and avoid making wrong judgments due to emotional fluctuations.

To learn more about cryptocurrency-related knowledge and cutting-edge information, click on my avatar to follow me. A trader who can multiply investments tenfold in a month is also welcome to follow my trades. Daily market analysis and recommendations for quality potential coins.