The current rhythm is like this: unpredictable, sometimes it falls sharply, and sometimes it takes off. If you don't grasp it well, you may get caught on both ends. Here, I have summarized some experiences to share with everyone! For reference only!
1. When the overall trend is rising, don't panic at the pullback; it's actually a good opportunity to add positions. No cryptocurrency can keep rising indefinitely; it has to pull back to prepare for a higher jump.
2. Once you see that the overall trend is falling, consider reducing your positions during the rebound. If the trend turns bad, it may take half a year or more to recover.
3. What to look at in the short term? No need to say much; it's emotion and fundamentals. But in the long term, you still need to see how much the fundamentals can rise.
4. Don't always think you can judge where the bottom is. In fact, the bottom is created by emotion and capital together. Blindly trying to catch the bottom can easily lead to being trapped.
5. Don't trust those positive news too much. The market plays on expectations; by the time the news circulates and reaches you, the market may already be nearing its end.
6. Don't play with high leverage; it won't help you win more but may lead to even greater losses, increasing the risk.
7. Sometimes, you have to go against others to earn more. #我的COS交易 $BTC