To make money in the cryptocurrency world in the long term, it's really not that thrilling.
Don't chase the spikes, don't gamble on emotions, only focus on truly strong coins, and only act during pullbacks.
My thinking has always been very simple:
First, filter out those that have recently shown strong trends and are obviously more resilient during downturns; I won't touch anything that relies on emotions to drive the price up. Then, expand the time frame to confirm that the trend has stabilized, and patiently wait for it to pull back to key support levels, only entering when I see funds stepping in.
After entering, I also won't cling to the position; I take profits in batches after a price increase.
But there is one principle I will never compromise on—once a key position is broken, I exit immediately, without holding on or fantasizing.
This method is not flashy, nor is it fast, but it excels in being replicable and usable in the long term.
Those who can truly survive in the cryptocurrency world are the ones who repeatedly do the right things correctly and accumulate profits bit by bit.