1. Invest with idle money and keep a calm mind
Use idle funds to invest, stay calm, and do not affect your daily life. A stable mindset helps to make rational decisions.
2. Long-term investment, patience is the best
Successful investors do not trade frequently. They understand the principle of "long-term fishing for big fish" and firmly believe that time will filter out truly valuable projects.
3. Rest when there is no opportunity and wait patiently
If there is no suitable investment opportunity, wait with peace of mind. Opportunities are always reserved for those who are prepared, so don't be impatient.
4. Use charts as an aid, don't follow blindly
Charts are tools rather than universal keys. Wise investors focus on the overall trend and the intrinsic value of the project. Charts are just references.
5. Stay away from junk coins, safety first
Don't touch unfamiliar coins, only invest in projects with potential and strength to ensure safety.
6. Don't touch plummeting coins, don't be greedy for cheapness
Coins that have experienced a sharp drop may be difficult to recover, and wise investors will avoid these risks.
7. Exit in time when the bull market ends
At the end of the bull market, smart investors will withdraw in advance and look for opportunities after the market calms down.
8. Act decisively when seeing the opportunity
Once they find valuable currencies, they will increase their investment decisively because they believe in their own judgment.