The only fastest way to make money in the cryptocurrency world: buy this trend your whole life, from huge losses to huge profits!
How much patience do top cryptocurrency traders really have? My mentor, who guided me when I first entered the crypto world, spent 80% of his time waiting and 20% operating. Now he lives comfortably, fishing and playing golf, only catching a few market waves a year.
I still clearly remember his sentiment that day: life can be so wonderful sometimes; when you give it your all, you may not get the results, but once you truly let go, the results come.
My mentor was once a newbie too, adept at chasing highs and cutting losses, but after suffering heavy losses in his account, he temporarily exited the crypto world. When he picked it up again later in life, he was surprised to find a turn of events. I summarized some of the sixteen key elements from his experiences to share with everyone.
1. Choose altcoins in a bull market, buy BTC in a bear market; this is my secret recipe!
2. Pay close attention to coins with volume at the bottom; this is a signal to start, don't miss it!
3. For coins in an upward trend, when they pull back to important moving averages, that’s the best time to buy—make sure to seize the opportunity!
4. Don’t trade frequently; making the right calls on a few big 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 cope with market changes!
6. Don't average down on losing junk coins; timely stop-loss is wise; don’t let yourself get deeper in trouble!
7. News can only serve as a reference; don’t blindly follow the crowd or go all in, or you'll bear the consequences!
8. Never touch unfamiliar coins; focus on your familiar niches to secure your victories!
9. Don't be swayed by market emotions; stay calm and rational to make the right decisions!
10. When altcoins rise too much, they will definitely fall; when they fall too much, they may not necessarily rise. Choosing is crucial; keep your eyes wide open!
11. When most people are optimistic, it often signals the arrival of risk; remember this and don’t become the bag holder!
12. Learn to stay out of the market and wait for clear signals before re-entering; this helps avoid unnecessary losses!
13. Don’t follow the hype; trends often come and go quickly, don’t let yourself get trapped!
