I used the dumbest method for trading coins, and my win rate is close to 100%! (A must-watch for all new and old coin traders)
1. If you lost money, it’s either a cognitive issue (lack of understanding, cognitive bias); or a realization issue (motivational issues, behavioral bias); or a mismatch between knowledge and action.
2. If you are trading speculative coins that chase prices, don’t fantasize that they can change the world; that’s just an illusion you ignited, shining briefly.
3. If you are investing in Bitcoin, don’t just look at minute charts; look at larger cycles, at the big picture from 2011 to 2021, from 2 anomalies to 69000.
4. Before reaching 10 million, you can speculate, pursuing high returns; after 10 million, what you need is investment. Speculation involves quick in and out, while investment is about compound interest.
5. Many people find it hard to cross the chasm between speculation and investment. Once they experience the thrill of quick gains, they can hardly adapt to the disappointment of slow profits, and eventually will pay the price. $ETH
6. The best investment in a bear market is to invest in yourself. With knowledge, you can make money without capital; with capital, without knowledge, you can lose all your money. $BTC
7. In a bull market, invest in trends to let profits flow; in a bear market, invest in yourself. #币圈
8. If you lost money, turn that loss into knowledge; then it’s still worth it. As long as you gain understanding, lost fortunes can return. #币圈暴富
9. Focus on unchanging things to clarify some aspects. The price of Bitcoin changes, but its underlying logic does not; the innovative value storage method of Bitcoin has remained unchanged. #比特币
10. Investment should follow trends but think in reverse. When the market peaks, there is almost no bearish sentiment; when it bottoms, there is almost no bullish sentiment. #BTC重返10万
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