8 years of trading my own coins, summarized into 16 experiences! 1. Choose altcoins during a bull market and buy BTC during a bear market; this is my secret recipe!
2. Pay special attention to coins with increased volume at the bottom; this is a signal for a breakout, don’t miss it!
3. For coins in an upward trend, when they pull back to important moving averages, it's the best time to buy; remember to seize the opportunity!
4. Don’t trade frequently; making the right decisions a few times a year is enough; greed can lead to huge losses!
5. You must control your position well; never go all-in, leave yourself some room to adapt to market changes!
6. For losing coins, do not average down; cutting losses in time is wise, don’t let yourself fall deeper!
7. News should only be a reference; don’t blindly follow the crowd to gamble, or you will face the consequences!
8. Never touch unfamiliar coins; focus on the area you know, this way you can ensure a stable win!
9. Don’t be swayed by market sentiment; stay calm and rational, this way you can make the right decisions!
10. When altcoins have risen a lot, they will definitely fall; when they have fallen a lot, they may not rise, choice is important, always keep your eyes open!
11. When most people are optimistic, it often indicates the arrival of risk; remember this and don’t become the one left holding the bag!
12. Learn to be in cash and wait for clear market signals before entering; this way you can avoid unnecessary losses!
13. Don’t follow the hype of hot topics; trends often come quickly and go quickly, don’t let yourself get trapped!
14. Have your own trading system and execute it strictly; this way you can maintain stable returns!
15. Investing is a long race, maintaining a good mindset will help you succeed in the end, don’t give up halfway!
16. Investing doesn’t guarantee profit; it’s more likely to incur losses, so try to invest with spare money. Investing with spare money will keep your mindset good, and the chances of winning will increase. Remember this, don’t let yourself fall into trouble because of investing.
