A bit of experience after years of trading coins

1: In the crypto world, everything rises and falls together; in a bull market, the rise doesn’t need value support, only a reason to rise.

2: Don't discuss faith with altcoins; if you need to cut losses, just cut them.

3: Time is the friend of Bitcoin but the enemy of altcoins.

4: The value foundation of altcoins lies in continuous innovation; once innovation stagnates, the value will collapse. The value foundation of Bitcoin is its immutability; if you get trapped by Bitcoin, there will be a day you can break free, but the same may not apply to altcoins.

5: The only ones suitable for left-side trading are Bitcoin and Ethereum; the biggest risk of altcoins is going to zero.

6: The start of a bull market is healthy only when BTC stands out alone; therefore, first build a position in Bitcoin and Ethereum, so you won’t miss out if it rises and won’t be afraid of being trapped if it falls.

7: Altcoins have no defensive ability.

8: Don’t increase your position when prices rise; position management is very important—start with light positions to test, and then significantly add to your position after the rise. It’s hard not to lose money playing this way.

9: The positions in BTC, ETH, and a little BNB should not be less than half.

10: When trading altcoins, you need to proactively take profits and sell at the right time.

11: If you fall in one place, get back up in another—if you lose money here, go to another place to earn it back.

12: The biggest cost after being trapped is the opportunity cost.

13: The core of trading altcoins is knowing when to sell.

14: Only eat until you are 70% full; fish heads and tails are not that tasty, leave them for the big players. Wait for the leading coins to emerge before going for the more certain profits.

15: When trading altcoins, always use light positions; heavy positions can ruin your mindset, a bad mindset leads to poor operations, and erratic operations lead to losses.