Cryptocurrency Trading Quotes and Mindset, from 200,000 to 100 million. (II)
11. If the major coin is restricted, one can make profits within the sector.
12. A leading coin that can drive the sector's rise is truly a leader; when a leader rises, it should create a profitable effect for followers.
13. Trading time during the day is the best opportunity to learn.
14. The market changes rapidly, and market sentiment is learned by observing the trading screen.
15. Efforts after trading are ultimately about actual operation. It's better to closely monitor the market, grasp changes, and train your ability to analyze the market.
16. Generally diversifying positions can control drawdowns.
17. Do not engage in trivialities; focus on leading or potential leading coins, avoid those without position.
18. Coins that emphasize internal logic perform better with greater expectation gaps.
19. Once the market determines a downturn, do not buy; decisively stop loss if buying during a downturn, and act in accordance with the trend.
20. When wrong, summarize your mistakes; figuring out how to improve is key.
21. The greatest sense of achievement is when your logic is recognized by the market, not just making money.
22. Once your cognitive ability reaches a certain level, buy if optimistic and sell if not.
23. Trading cryptocurrencies is simple; the challenge is overcoming the fear within.
24. Once capital reaches a certain size, it's impossible to follow; one needs to forecast and respect the market, and the market will provide answers.
25. Trading is inherently lonely; everyone has their own model. Focus on being the best version of yourself, and the heavens help those who help themselves.
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