Six points you must know to make money in the crypto world:
1. Understand what bull and bear cycles are, for example, a bear market is the time to buy assets. A bull market is the time to sell assets.
2. Understand what good indicators are, such as Bitcoin, Ethereum, and Ethereum Layer 2 project tokens, etc.
3. Allocation, which means doing proper layering: mainstream should occupy 50-60%, valuable coins should occupy 20-30%, and new projects should occupy a small portion. A reasonable position can protect your mindset.
4. Emotions, those with good emotions should not be in debt, should have cash flow, should have things to do, and should not just look at coins every day, care about coins, and neglect other things. People who are anxious to get rich with bad emotions may sell at the first rise and cut losses at the first drop.
5. Good expectations, know how much you expect to earn in a bull market, do not be unrealistic. Earning 5-10 times in a bull market is reasonable. If you want to earn a hundred times or a thousand times, this is something you can only achieve by forgetting about it. If you buy a lot, you are destined not to forget it.
6. Know how to hide, when you make money, you will collect grain, harvest in autumn and store in winter, wait for the next bear market to continue sowing for the next cycle. Even if you only have tens of thousands, it can grow to millions, even tens of millions, and basically, you can reach 5 million or tens of millions.