I am someone who is determined to trade cryptocurrencies for life!

From being a novice at the beginning, getting beaten up, to now being a full-time cryptocurrency trader supporting my family, I have summarized seven key insights on trading cryptocurrencies. If you also want to make a remarkable turnaround in trading, then listen carefully; I hope to bring you some inspiration.

1. If the price of the coin is steadily rising, then a pullback is just a little rest, and it’s a good time for us to get in. There’s no coin that keeps flying; a pullback is like a spring storing energy, allowing it to bounce higher afterwards.

2. If the price of the coin is clearly falling, then a rebound is an opportunity to escape. Once the trend turns bad, it might take half a year or more to rise again. Don't stubbornly hold on, and don’t waste time.

3. For short-term fluctuations, look at the fundamentals; for long-term movements, rely on the fundamentals as well. Don’t be blinded by small short-term gains; think long-term.

4. The bottom you guess is often not the real bottom; it might be halfway up the mountain. The true bottom depends on sentiment and capital. Don’t blindly try to catch the bottom; if you try ten times, you’ll likely get stuck nine times.

5. Don’t always think about making money from good news; real market trends are driven by expectations. Many retail investors love to trade based on news, but most of the time, what you hear is just what’s left over from others. Even if it’s real news, by the time you find out, the market is often about to end.

6. Don’t easily use leverage; it won’t increase your chances of winning but will instead increase risk. Once you can’t hold on, the losses will be significant.

7. Set your stop-loss and take-profit points for yourself. If it falls to a certain level, decisively stop-loss; if it rises to a certain level, sell. Don’t chase gains for too long; many people lose money even in a bull market because they don’t understand this principle.

Although the market is slightly sluggish right now, it will come back. Stay calm and wait for the pullback opportunity. When the time comes, I will lead everyone to aim for the lucrative opportunities in altcoins to accumulate spot positions. Doubling your investment is definitely not a problem. Like + comment, and I’ll help you seize the big opportunities in this bull market. #狂人谈币