Bitcoin has risen again! But why are some making money while others are losing? Here are 9 practical insights, all valuable:

Don't get envious just because prices are rising.

When prices skyrocket, don’t rush to chase; impulsively buying at the peak is the easiest way to get trapped. Timing your purchase is more important than choosing the right coin.

Don’t believe in a coin that will 'always rise'; entering at a major low is the real principle. Buying randomly at other times is risky. It’s a big mistake to act on impulse.

Know you shouldn’t buy but still want to take a gamble? If you don’t change that mindset, learning more techniques will be in vain. Don’t get 'attached' to a coin.

Price fluctuations are just tools; sell when you should and buy when you should. Focusing on signals is more practical than fixating on candlesticks. If you lose, first look for your own mistakes.

If you make a wrong move, don’t blame market fluctuations; immediately review where you went wrong, or you’ll trip again next time. Making money relies on your brain, not luck.

Buying coins based on feelings is like giving away money; understanding trends and calculating positions will give you confidence. Even with small capital, you can grasp it well.

Having little money isn’t scary; buying at low points and selling at high points is more reliable than going all in. Keeping enough cash is more important than anything.

Don’t get carried away while trading; having liquid funds allows you to seize opportunities. Chasing prices often leads to losing everything. The market doesn’t believe in luck.

If you occasionally make some money, don’t get complacent. Ignoring the rules will eventually lead to losses. Learning logic properly is stronger than relying on luck.

The cryptocurrency market is volatile; these are summarized pitfalls that seasoned traders have experienced. There are no shortcuts in investing; protecting your principal is more important than anything. Following the crowd and trading blindly will only make you a 'loser.' Let's try to minimize tuition fees.