Newcomers to the cryptocurrency world, pay attention! Here are 3 tips that can definitely increase your profitability!

1. In a bear market, regardless of how much the coins you hold drop, quickly swap them for coins within the top 30 by market cap.

2. Only look at the 4-hour chart, ignore the rest. If there are many green bars within 3 months that significantly differ from the red bars, buy and wait for the price to rise.

3. Change your mindset; focus on coins whose trading volume rapidly rises into the top ten during a bear market. Engage in short-term trading, frequently change positions, and don't hold!

For those trading in altcoins, the main trend should still be based on Bitcoin's trend. If Bitcoin is declining, even if an altcoin surges today, you should still engage in short-term trading and take profits. This is often the result of manipulation by project teams or market makers, and there are many reasons for it. Regardless, it's not a trend, so don't just buy and hold; tomorrow it could very well crash completely!

Reasons why newcomers lose money in a bull market:

1. At the end of a bear market and the beginning of a bull market, they are afraid to buy. Having just gone through a bear market, they are still thinking like a bear, missing the best entry time.

2. In the middle of a bull market, when the trend starts to rise, they are afraid to buy, always thinking they can wait for lower prices. This leads to getting trapped at the peak, making it impossible to enter the market.

3. They cannot hold onto their profits, engaging in frequent short-term trading and selling at small gains.

4. Misuse of leverage leads to liquidation.

5. At the end of a bull market, as the market goes crazy, under the temptation of profit, they cannot resist the urge to frequently increase their positions, leaving themselves standing at the peak.

To determine whether a bull market is still ongoing, the simplest strategy is to watch Bitcoin's movements. As long as there is no large-scale liquidation, it means the bull market is still on!