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### **I. Mindset Management: The Core Foundation of Trading**
1. **Control Emotions and Avoid Emotional Trading**
- Do not engage in revenge trading due to losses; close the market chart and act calmly after cooling down.
- When profitable, avoid becoming complacent; when losing, remain rational and avoid “willing to lose but not willing to win” (i.e., holding on during losses and exiting too early during profits).
- Only trade when your mindset is calm, avoiding judgment errors due to stress or fatigue.
2. **Patience and Long-Term Perspective**
- Wait for clear trend signals before entering the market; avoid frequent trades.
- Long-term holding of quality cryptocurrencies (such as Bitcoin and Ethereum) often yields higher returns than frequent short-term trades.
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### **II. Trend Judgment and Market Analysis**
1. **Follow the Trend**
- Bitcoin is the market barometer, with most altcoins influenced by its trend. If Bitcoin is in an upward trend, prioritize leading cryptocurrencies (like BTC and ETH).
- For independently trending cryptocurrencies (like Ethereum), combine technical analysis with news analysis for comprehensive judgment.
2. **Key Indicators and News Monitoring**
- Pay attention to the inverse volatility relationship between USDT and Bitcoin: a rapid rise in USDT may indicate a drop in Bitcoin.
- Policies and statements from celebrities significantly impact the market (e.g., regulatory policies from various countries, Elon Musk's tweets, etc.).
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### **III. Risk Control: The Core Rule of Survival**
1. **Strict Profit and Loss Control**
- Set stop-loss points based on personal risk tolerance to avoid larger losses from “holding onto losing positions.”
- Ensure that the take-profit point is higher than the stop-loss point to maintain positive long-term returns.
2. **Position Management**
- Avoid heavy positions or all-in bets, especially in high-leverage contracts; positions should not exceed 10% of total funds.
- Gradually add to positions to lower holding costs, but ensure that the asset has sufficient trading volume and fundamental support.
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### **IV. Operational Discipline and Strategy Optimization**
1. **Reduce Frequent Trading**
- Short-term trading is costly and risky; prioritize clear trend swing trading.
- If the market is unclear, maintain a cash position and wait; avoid “fear of missing out.”
