If you can't understand this, it means you don't have enough money!!!?

1. Don't get attached to hot coins; when altcoins reach a certain profit level, you need to exchange them. Trying to ride the wave from start to finish will inevitably lead to disappointment. The reasoning is simple: altcoins cannot rise indefinitely. When the hype is over, you should exchange, otherwise, you'll fall back to square one, and it will all have been in vain, like the FIL and LUNA of previous years.

2. When prices are high and consolidating, seize the opportunity to sell; when prices are low and hitting new lows, a good opportunity likely arises. When a coin price consolidates at a high level and then reaches a new high, be wary of the main force trying to lure you into buying more; when it's time to reduce your holdings or exit, don't hesitate. Conversely, if a coin price consolidates at a low level and then hits a new low, but quickly rebounds, it is likely the main force's last washout; at this moment, remain steadfast and resolute.

3. When the market environment is poor, coin prices may rise against the trend, slight rises can lead to significant gains; when the market environment is good, prices may slightly drop against the trend, and slight declines may lead to significant losses.

4. Only increase your position when making money; don’t average down when losing. This may break the understanding of many veterans. We should increase our positions when the coin price breaks through previous highs, not when it is continuously declining. Averaging down will only lead to larger losses, ultimately rendering you unable to act. You must cut losses and let profits run.

5. Top-tier players first look at sectors, second-tier players only look at individual coins, third-tier players look at indicators, and bottom-tier players only gamble. This means that when buying a certain coin, we should first consider the sector. Only by engaging in popular sectors can we attract higher interest and increase our win rates. Next, we look at tokens. Only focusing on indicators is a rookie move; those who look at everything are just gamblers.

6. Indicators change with volume and price; thus, volume and price are the root of indicators. If you trust indicators without looking at volume and price, you’ll end up confused in trading. Indicators are calculated based on coin price and trading volume, so true technical analysis requires examining volume and price. Price increases need substantial capital to drive them.

7. In an uptrend, look for support; in a downtrend, look for resistance. When a coin price is in an uptrend, operating based on the support line has a high success rate, providing opportunities for low buys on pullbacks. In a downtrend, operating based on resistance lines has a high chance of success, allowing for shorting or exit opportunities.