After many years of trading cryptocurrencies, I have summarized 16 experiences. If you can apply a few, making money in the crypto world will be like printing money.
In a bull market, play with altcoins; in a bear market, hold $BTC —don’t go against the rhythm; this is the survival rule of cycles.
Keep a close eye on volume at the bottom; that’s a sign of a potential start. Don’t wait until it flies to slap your thigh.
In an upward trend, a pullback to important moving averages is a buying point—don’t chase highs; wait for the pullback.
Don’t trade frequently; capturing a few major trends a year is enough; being greedy will lead to losses.
Never go all in; leaving some space is essential for survival; the market will correct various forms of disobedience.
Don’t average down on losing coins; cut your losses in time, or you will sink deeper.
News can only be a reference; don’t go all in—once it lands, it’s usually bad news; remember this.
Avoid unfamiliar coins; focus on what you understand; making money within your skill set is the most stable.
Don’t be swayed by emotions; stay calm during market panic and stay clear-headed during craziness.
Altcoins that rise too much must fall; those that fall too much won’t necessarily rise—don’t blindly catch falling knives.
When most people are optimistic, it’s often a risk signal—avoid becoming the bag holder.
Learn to stay out of the market; if you don’t understand, wait; waiting itself is a strategy.
Don’t chase hot trends; by the time you rush in, it’s often already the end.
Establish your own trading system and execute it strictly—stability is more important than quick profits.
Investing is a marathon; surviving until the end is what makes you the winner; mindset determines the outcome.
Only invest spare money—when your mindset is good, your success rate will naturally improve.
These 16 points were exchanged for real money. The crypto world is not short of opportunities; what’s lacking is surviving until the day opportunities arise. First, aim not to lose, then think about how to earn.
Keep following: $pippin $BEAT
