Trading Insights

1. If the market crashes and the coins in your hand don't drop much, it indicates that there are market makers supporting the price. Hold onto such coins, there will definitely be profits later! 2. New traders, please remember to understand macro information. For short-term trading, look at the 5-day moving average; if the price is above it, hold on, and if it breaks below, run quickly. For medium-term, watch the 20-day moving average, the same principle applies. Don't get caught up in fancy strategies; once you've identified a target, act decisively! 3. If you've bought a coin that hasn't moved for three days, quickly switch to the next one. If you buy and it drops, and you lose 5%, don't hesitate; cut your losses immediately! 4. If a coin has plummeted from its peak and has been down for nine days, it's been oversold; a rebound is imminent, so get in decisively! 5. When trading, you need to chase the leaders. The one that rises the most is the leader, and it's also the one that resists declines best. Don't be afraid to buy just because the price is high, and don't catch falling knives just because the price has dropped; chase the leaders regardless of price fluctuations! 6. Stop thinking about bottom fishing. Falling coins are like jumping off a building; they have no bottom. If it’s time to cut losses, then cut them. Following the trend is key. Buying isn't about getting the lowest price, but about timing! 7. Don’t get cocky just because you’ve made some money; it's easy to make a profit once, but the hard part is making money every day. After each profit, reflect on whether it was your skill or just luck. Developing your own trading strategy is the real key! 8. When you’re unsure, stay in cash; it’s not shameful to be in cash, but losing money is. Remember, you’re here to preserve your capital, not to be a gambling god! Trading is not about speed; it’s about success rate and risk-to-reward ratio!