16 Lessons Learned from 8 Years of Crypto Trading!
1. Choose altcoins in a bull market, buy BTC in a bear market; this is my secret recipe!
2. Pay special attention to coins that show increased volume at the bottom; this is a signal to start, 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 big trend trades a year is enough; greed can lead to significant losses!
5. Always manage your position size well; never go all in, leave some room for yourself to cope with market changes!
6. Don’t average down on losing junk coins; cutting losses in time is the wise choice, don’t let yourself sink deeper!
7. News can only serve as a reference; don’t blindly follow the trend, or you’ll bear the consequences yourself!
8. Never touch coins you’re not familiar with; focus on the sectors you know well to ensure a better chance of success!
9. Don’t let market emotions sway you; stay calm and rational to make the right decisions!
10. When altcoins have risen too much, they will definitely fall; when they fall too much, they may not rise; choice is crucial, keep your eyes wide open!
11. When most people are optimistic, it’s often when the risks arise; remember this, don’t become the bag holder!
12. Learn to stay in cash and wait for clear market signals before entering; this can help avoid unnecessary losses!
13. Don’t follow the hype; trends often come and go quickly, don’t let yourself get trapped!
14. Have your own trading system and strictly follow it; this will help maintain stable profits!
15. Investing is a marathon; maintaining a good mindset is essential to winning in the end; don’t let yourself give up halfway.
16. Investing doesn’t guarantee profits; it’s likely to incur losses, so try to invest only spare money; using spare money makes for a better mindset, increasing your chances of winning.
