This year I am 38 years old, and I have been trading cryptocurrencies for 8 years. The first 3 years were mostly losses, but in the following years, things gradually improved, and I established my own trading system.

Back then, when I first entered the crypto space, I thought BTC was too expensive, so I focused on ETH, which had leverage, and then moved to altcoin spot trading. I selected coins and managed my positions well. I executed this simple strategy consistently; during bad market conditions, I made small losses, and when the market turned, I made significant profits.

Why enter the crypto space?

If you want to change your destiny, you must try the crypto space. If you can't make money in this arena, ordinary people will have no opportunities in their lifetime.

Here’s my trading philosophy to share with everyone:

Everyone has different expectations in the crypto space. It's crucial to plan your limited funds reasonably, especially when buying coins!!! Suppose you have two equal amounts of capital, one invested in BTC with a 30% profit, and the other in ETH with a 30% unrealized loss.

If you need to take action, what would you do? (The wrong choice will always be one of two options)

A. Hold both #Bitcoin strategic reserve

B. Sell BTC to buy ETH $XRP

C. Sell ETH to buy BTC $ETH

D. Liquidate both $BTC

According to probability theory, 80% of normal people would choose to sell Bitcoin to buy Ethereum #Crypto market correction.

They might feel that Bitcoin has risen too much and fear losing out. If they cash out, they feel secure; as Ethereum declines, the risk seems lower. They might imagine that selling BTC to rescue ETH could make both profitable, but in reality, the investment market often exhibits a terrifying phenomenon where the strong get stronger and the weak get weaker: most people find that selling BTC results in continued price increases, while the trapped ETH continues to decline. If they realize this, it may be better to just hold on since at least one of them is in profit #Bitcoin strategic reserve. Compared to B. selling BTC to buy ETH and C. selling ETH to buy BTC, this operation feels extremely counterintuitive for most people. In fact, this outcome is often the best. This 'wrong choice will always be one of two options' is a paradox that 80% of investors will encounter. #下一任美联储主席人选