Attention newcomers in the cryptocurrency world, here are 3 tips that can definitely improve your profitability!

1. During a bear market crash, regardless of how much your held coins drop, quickly exchange them for coins in the top 30 by market cap.

2. Only look at the 4-hour chart, ignore everything else. If there are many green bars within 3 months that are significantly different from the red bars, buy in and wait for an uptrend.

3. Change your mindset; focus on the coins with rapidly rising trading volumes into the top ten during a bear market. Engage in short-term trading, frequently change hands, and don’t hold!

For those playing with meme coins, the main trend should still follow Bitcoin's trend. If Bitcoin is declining, even if a meme coin surges today, you should still trade short-term, take profits when you can. This is likely due to the project team's or market maker's personal pump actions, for various reasons. Regardless, it’s not a trend; don’t just buy and hold, as it may very well crash completely by tomorrow!

Reasons why newcomers lose money in a bull market:

First: At the end of a bear market and the beginning of a bull market, they are hesitant to buy. After experiencing the baptism of a bear market, they are still stuck in bear market thinking, missing the best entry time.

Second: In the middle of a bull market, when the trend rises, they hesitate to buy, always thinking they can wait for lower prices. At this point, they may end up getting trapped at the peak, making it impossible to enter.

Third: They can't hold onto their profits, frequently engaging in short-term trades and selling at small profits.

Fourth: Misuse of leverage leading to liquidation.

Fifth: At the end of a bull market, during a peak, the market goes crazy, and under the pressure of profit, they can’t resist the huge temptation, frequently increasing their positions, leaving themselves standing guard at the peak.

To determine if a bull market is still ongoing, the simplest strategy is to monitor Bitcoin's movements. As long as there isn't a massive liquidation, it means the bull market is still alive!