In my 9th year in the crypto space, going from a novice to supporting my family, all thanks to crypto.
When I first entered, I lost terribly; after struggling through it, looking back now—if I had understood some pitfalls earlier, I could have avoided them for a few years.
10 pieces of pure practical experience, recommended to collect:
1️⃣ The market has fallen and your coin hasn't? Hold on!
Most of the time, there's a big player supporting the market behind the scenes; those that are being supported are 'about to take off,' so don’t rush to sell!
2️⃣ Beginners shouldn't be greedy when looking at K-lines:
For short-term, look at 15 minutes/daily; hold it online, run if it breaks. For medium-term, the same applies to daily.
Don't hesitate, a swift decision is a good habit!
3️⃣ If a coin doesn't rise in three days, hurry to switch; if it drops more than 5%, cut losses.
Don't expect all coins to welcome spring; time is the cost of capital.
4️⃣ A coin that falls to the core of the earth will definitely look terrible before it rebounds.
Consecutive halving + kneeling for nine days? This kind of rebound is often the strongest, the key is whether you dare to enter.
5️⃣ Trade the leading coins! Only leading coins are worth chasing up and down.
The ones that rise the fastest also resist falling; don't be afraid to buy just because the price is high; those that rise slowly are the real danger.
6️⃣ Don't always fantasize about bottom fishing; if the trend isn't right, you're just catching knives.
It's not that the more it falls, the better; it’s about timing that makes it valuable.
7️⃣ Don't get carried away after making a profit once; making money every day is what truly shows strength.
Clarify whether your earnings come from skill or luck, and form your own trading model.
8️⃣ It's not embarrassing to be in cash, losing money is what’s embarrassing.
If you can't fight a battle, don't force it; trading relies on win rate + profit-loss ratio.
9️⃣ Don't rush into new coins; hot money can burn you.
Many gains are built on bubbles; don't become the one who picks up the pieces.
🔟 Behind every sudden wealth is consensus and time.
A coin can rise based on people; a group of people having consensus, investment, and patience—that's where the true value lies.
📌 To sum it up in one sentence: The longer you live, the more you earn.
How many more years can you accompany the market? Feel free to share your years in the crypto space in the comments, let’s see who hasn’t been completely cut yet 🤣
⚠️ This article is for experience sharing and does not constitute investment advice. Trading is at your own risk, rationality is the most valuable.