Ten bloody lessons learned from the cryptocurrency world, recommended to read repeatedly:
Do not chase highs. Those who rush in when they see a price increase are basically just bag holders. How much it rises has nothing to do with you; learn to look the other way.
There are only two types of coins: good coins bought low and garbage bought high. Quality coins are those held at the bottom, waiting for them to skyrocket.
Feeling anxious is not a technical issue; it's a mindset issue. It's not about buying at any point; a margin call is just a matter of time.
Trading cryptocurrencies should be ruthless; do not develop feelings for the coins. Focus only on logic and rhythm, whether it's BTC or small altcoins.
If you incur losses, do not make excuses; the market is not at fault. Every loss should be reviewed and summarized; this is the only way to grow.
The desire to make money quickly is the deadliest inner demon. If you can't control your greed, don't even talk about freedom.
Stable profits are the right path, not relying on a single huge gain. Buy clearly, hold firmly, and sell decisively.
Good coins are nurtured, not frequently swapped. Constantly changing coins will lead to small capital.
The market has a rhythm; learn to listen. When the rhythm is right, the market will naturally come to you.
Compound interest is the king's way. A stable mindset, a stable strategy, and time will be your friend.
Have you ever been liquidated, cut, or slapped in the face?
Don't be afraid; as long as you're alive, you can turn things around. Save these ten lessons to avoid taking years of detours.
