Some experience from years of cryptocurrency trading
1: The cryptocurrency world rises and falls together. The rise in the bull market does not need value support, but only a reason for the rise
2: Don't talk about faith with the copycats. Cut your losses when you should
3: Time is Bitcoin's friend, but it is the enemy of copycat coins
4: The value foundation of copycat coins lies in continuous innovation. Once innovation stagnates, the value will collapse. The value foundation of Bitcoin lies in its immutability. If you are trapped by Bitcoin, there will definitely be a day to get out of it, but copycat coins may not
5: The only ones suitable for left-side trading are Bitcoin and Ethereum. The biggest risk of copycat coins is zero
6: At the beginning of a bull market, only BTC is healthy if it stands out. Therefore, first build a position in Ethereum, so that you will not miss the opportunity if it rises, and you will not be afraid of being trapped if it falls
7: Copycat coins are useless Have defensive ability
8: Do not increase the position when the price rises, position management is very important - try with a light position, and increase the position significantly after the price rises. It is difficult to play without losing money in this way
9: BTC and ETH can barely add a BNB position that cannot be less than half
10: When playing Shanzhai, you must take the initiative to miss the opportunity and sell it at a high price
11: Fall in one place, get up in another place - lose money here, make it back in another place
12: The biggest cost after being trapped is the opportunity cost
13: The core of playing Shanzhai is to know how to sell
14: Eat only three-quarters full, the fish head and tail are not so delicious, leave them to the dealer, and wait for the leader to come out before eating the fish belly with high certainty
15: When playing Shanzhai, you must have a light position, heavy positions will ruin your mentality, mentality will ruin your operation, and bad operations will lead to losses
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