Discipline and Insights in Cryptocurrency Trading

1. Never chase high prices to buy cryptocurrencies; you must have the mindset that it can go as high as it wants, pretend this cryptocurrency doesn't exist.

2. There are only two types of cryptocurrencies: the ones you buy at good entry points are good coins; otherwise, they are junk coins. High-level entry points are the best quality stocks; patiently wait for these high-level entries to become real quality stocks, that is the true mindset.

3. In fact, the mindset in cryptocurrency trading is the most important. Many people clearly know it’s not a good entry point, but they can’t resist the urge to buy; this is a mindset issue. If you don’t solve this, any theory is useless.

4. The mindset must be stable; do not get emotionally attached to any cryptocurrency or price level, only look at market signals and be emotionally attached to entry and exit points.

5. The reasons for mistakes are always unrelated to the market. To find reasons, you can only look for your own reasons; every mistake must be summarized immediately.

6. A mindset without a technical guarantee is a foolish mindset. The foolish mindset is the best; it reacts to nothing. Insight guided by wisdom is the only guarantee of a good mindset.

7. Why can’t you turn yourself into a wolf? This is unrelated to the size of your funds. As long as you can buy at good entry points and sell at good exit points, you are the fiercest wolf.

8. In operations, you must be calm. With money, you can have anything, so why fear not having good cryptocurrencies?

9. In the market, any luck can only be temporary and will be doubled back by the market. Facing the market, without a thorough self-reflection, it is impossible to conquer the market.

10. The mentality of being eager to make money is a major taboo for us cryptocurrency traders. If you can’t even control your own heart, can’t control your greed and desires, you cannot succeed in the market for a long time. It is destined that the vast majority of investors are fooled by the market, and all those who are fooled are trapped in the market, confused by themselves.