The market has no bottom and no top, only trends and time. Those who want to buy at the bottom are actually trying to outsmart probability, but the result is often a lesson from probability.

Chasing prices and panic selling is a major taboo. When emotions rise, it's best to leave. Uninstalling the software is a good method; out of sight, out of mind. The hardest part is not buying, but doing nothing after buying.

The term value investing is often misused in the cryptocurrency world. True value is not about how much it goes up, but about the ability to continuously create value. A pump and dump coin rising once is luck; a value coin hitting new highs is inevitable.

Patience means using time to smooth out uncertainty. Most people still believe they are smarter and choose to play in a more difficult game, trying to get rich quickly.

In fact, the simplest strategies are often the most effective, but also the hardest to execute. Because they are simple, they are not easy.