The Highest Realm of Cryptocurrency Trading
Never trade cryptocurrencies with loans; never borrow money or overdraw, always use spare cash to enter the market.
Never be greedy for quick short-term profits; steady and solid progress is the true path to advancement.
When the market is unclear, it’s better to stay in cash; if the opportunity isn’t right, don’t act decisively.
Technical indicators are just references; don’t blindly trust them, and don’t draw charts haphazardly every day.
Don’t touch junk or obscure altcoins; no matter how much they are hyped, don’t buy in.
Good coins that don’t drop significantly aren’t worth touching; consider entering only if they are down by half.
As soon as a bull market ends, immediately go to cash; don’t be attached or have illusions.
Heavy positions are only for certain opportunities; once you’re in, it’s a firm bet.
When capital is limited, focus; with less than 100,000, only buy 1-2 types of coins.
Once you buy, don’t watch the market or monitor indicators; keep your mindset as steady as an old dog.
Position yourself at low levels; patiently wait; doubling your investment is the most basic goal.
Stop-loss and take-profit should be clean and decisive; don’t hesitate.
Not making moves is a move in itself; the more frequently you operate, the more you resemble chives.
Ultimately, skilled traders rely on "less is more, seek stability to win," rather than staring at the market every day, chasing highs and cutting losses.
Trading cryptocurrencies is about cognition, not emotion. Only when you are calm can you hold onto your wealth.
