8 years of trading coins on my own, here are 16 pieces of advice! 1. Choose altcoins in a bull market and buy BTC in a bear market; this is my secret formula!
2. Pay special attention to coins with increased 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; remember to seize the opportunity!
4. Don't trade frequently; making the right calls a few times a year is enough; greed can lead to big losses!
5. Always manage your position well; never go all in, leave yourself some room to adapt to market changes!
6. Don't average down on losing junk coins; cutting losses in time is wise, don't let yourself fall deeper!
7. News should only be a reference; don't blindly follow trends, or you'll bear the consequences!
8. Never touch unfamiliar coins; focus on the areas you know well, that's how you can ensure success!
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 rise; choosing wisely is crucial, keep your eyes 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 in cash and wait for clear market signals before entering; this will help you avoid unnecessary losses!
13. Don't follow the hype; trends often come quickly and go just as fast, don’t let yourself get trapped!
14. Have your own trading system and stick to it strictly; this is how to maintain stable returns!
15. Investing is a marathon; maintaining a good mindset will help you succeed in the end, don’t give up halfway!
16. Investing doesn’t guarantee profit and is likely to incur losses, so invest with spare money; a good mindset when using spare cash will increase your chances of winning. Remember this and don’t let investment lead you into difficulties!
