Three Fundamental Principles for Trading:
Never Trade Against the Trend
In an uptrend, it’s okay to sell some assets, but avoid shorting—especially after breaking all-time highs. Riding the momentum is key to preserving gains.
Stay Away from Crowds
In crypto, where retail investors swarm, traps are often set. Avoid following the herd blindly; crowded trades tend to end poorly.
Trust in Time
If a project or exchange has lasted through multiple cycles without failing, it’s likely resilient and trustworthy. Entities that have endured the test of time are usually reliable, unless faced with uncontrollable systemic risks.
Keep these in mind, and you’ll navigate the markets with a bit more confidence.