8 years of trading cryptocurrency by myself, summarizing 16 key experiences!
1. Choose altcoins in a bull market, and buy BTC in a bear market; this is my unique secret!
2. Pay special attention to coins that show volume at the bottom; this is a signal to start, so 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 a few correct major trend trades in a year is enough; greed can lead to significant losses!
5. Always manage your position well; never go all-in, leave yourself some room to adapt to market changes!
6. Don't average down on losing junk coins; timely stop-loss is wise, don’t let yourself fall deeper!
7. News can only serve as a reference, don’t blindly follow the crowd; otherwise, you’ll bear the consequences!
8. Never touch coins you are not familiar with; focus on the fields you know well, this is how you can ensure success!
9. Don’t let market emotions influence you; stay calm and rational, this way you can make the right decisions!
10. When altcoins have risen a lot, they will inevitably fall; if they fall a lot, they may not necessarily rise; choice is important, keep your eyes wide open!
11. When most people are optimistic, it is often when risks arise; remember this, don’t become the one left holding the bag!
12. Learn to stay in cash; wait for clear signals from the market before entering, this way you can avoid unnecessary losses!
13. Don’t chase hot trends; hotspots often come and go quickly, don’t let yourself get trapped!
14. Have your own trading system and strictly follow it; this is how you maintain stable profits!
15. Investing is a long-distance race; maintaining a good mindset will let you laugh in the end, don’t give up halfway!
16. Investing doesn’t guarantee profits; there’s a high probability of losses, so try to invest with spare money; having a relaxed mindset when investing increases your chances of winning. Remember this, don’t let yourself fall into difficulties because of investing! #我的COS交易 #Circle扩大IPO规模 #币安钱包TGE #美国加征关税 #币安Alpha上新
