The cryptocurrency world can be summed up in two sentences: understand the direction, and don't fight against the market.
Newbies lose money not because they lack skills, but because they are too idealistic.
When the market falls, you think it will rebound; when it rises, you always feel it can go higher. In the end, you're either chasing highs or bottom-fishing and getting buried.
After ten years in this game, I’ve summarized one truth:
Candlestick charts don’t speak, but they never lie.
When the volume comes in, it means someone is trading;
If key levels can't hold, it means someone is selling;
If the trend is not in your favor, no matter how strong your belief, it's useless— the market only recognizes money.
My trading approach is very simple now:
I only enter when there is a signal; if there’s nothing, I exit immediately.
I don’t bet on direction, I don’t touch emotional trades, and I don’t try to be a hero.
Remember this: in the cryptocurrency world, understanding the market is a thousand times more important than understanding yourself.
If you grasp this point, you are already better than 90% of newcomers. $BTC
