$1000LUNC Over these years in trading coins, I've summarized 16 real money-making experiences
$TAKE Newbies must bookmark this, even veterans will nod after reading👇
1. In a bull market, focus on altcoins; in a bear market, stick to mainstream. Choose popular altcoins in a bull market, and honestly hold BTC, ETH in a bear market.
2. Must watch for volume at the bottom. That's a signal for capital entering, missing it once means losing out on a wave of profits.
3. Trend is king. When an upward trend pulls back to key moving averages, those are beautiful entry points.
4. Don't click randomly. Capturing a few major market movements in a year is much better than trading chaotically every day.
5. Position size is life. Never go all in; keeping some bullets allows for turning the tide.
6. Don't average down on junk coins. The more you average down, the deeper the pit; cutting losses in time is the way to survive.
7. News is only for reference, not a guide. Those who all-in based on news often end up in dire situations.
8. If you don’t understand, don’t touch it. Focus on a few areas you are familiar with, and your efficiency will double.
9. The more emotional you are, the easier it is to lose. Calmness leads to profit; impulsiveness just sends money to the market makers.
10. Altcoins that rise a lot must fall; those that fall a lot don't necessarily rise. Don't expect “it will come back someday.”
11. The more people shout bull, the more cautious you should be. Often, the busiest times are the riskiest times.
12. Learn to be in cash. If the market hasn’t given a signal, don’t force a trade.
13. Stay away from hot trends. Trends come quickly and leave faster; following the crowd usually means picking up the leftovers.
14. Build your own trading system. It’s not about listening to someone else, but executing based on your own rules.
15. Investing is a marathon, not a sprint. A stable mindset leads to stable returns.
16. Only use spare money. Investing is not gambling; the less pressure, the clearer the judgment, and the greater the chance of winning.
$PIPPIN In summary: In the crypto world, stability is more important than aggression; living longer allows for more profits.
