Eight years of trading cryptocurrencies, I have summarized 16 experiences!
1. Choose altcoins during bull markets and buy BTC during bear markets; this is my exclusive secret!
2. Pay close attention to coins that show increased volume at the bottom; this is a signal for a potential start, don't miss it!
3. For coins in an upward trend, when they pull back to important moving averages, it's the best time to buy, remember to seize the opportunity!
4. Don't trade frequently; making a few correct decisions on major trends in a year is enough, greed can lead to significant losses!
5. Always control your position well; never go all-in, leave yourself some room to adapt to market changes!
6. Don't average down on losing junk coins; cutting losses in time is the wise choice, don't let yourself get deeper into trouble!
7. News can only serve as a reference; don't blindly follow the crowd, or you'll bear the consequences yourself!
8. Never touch unfamiliar coins; focus on the fields you know well, this is how you can secure your victory!
9. Don't let market emotions sway you; remain calm and rational, this is how you can make the right decisions!
10. When altcoins rise a lot, they will definitely fall; when they fall a lot, they may not rise, choice is crucial, keep your eyes wide open!
11. When most people are optimistic, it's often when the risks come; remember this, don't let yourself become the last buyer!
12. Learn to stay in cash, wait for clear signals from the market before entering, this can help avoid unnecessary losses!
13. Don't follow the hype; trends often come and go quickly, don't let yourself get trapped!
14. Have your own trading system and strictly adhere to it, this will help maintain stable profits!
15. Investing is a long-distance race; keep a good mindset to smile until the end, don't let yourself give up halfway!
16. Investing does not guarantee profits, and there is a high probability of losses, so try to invest with spare money; with a good mindset, the chances of winning will increase. Remember this, don't let yourself fall into difficulties because of investing! #中心化与去中心化交易所 #交易类型入门 #FTX赔付 #特朗普媒体科技集团比特币财库 #PCE数据来袭