Nine Principles of Cryptocurrency, Understand Them to Avoid Three Years of Detours:

1. Don't be easily deceived by low-priced tokens, especially during the current phase of major cryptocurrencies draining resources. Firmly believe that the altcoin season will come, maintain strong faith, and prevent market manipulators from driving prices down;

2. Chasing highs and cutting losses, entering and exiting with all funds is always a big taboo. If the overall trend is favorable, gradually building positions during downturns is less risky than chasing highs, with lower costs and greater profits;

3. Reasonably allocate profits to maximize fund release, rather than continuously increasing positions and injecting funds;

4. Quickly taking profits on rises and holding onto coins during drops, always maintain a positive mindset, avoid speculation, impatience, greed, and fear, and don't engage in unprepared battles;

5. Low-priced tokens from early investments or private placements rely on experience and speculation about the coin's future, while later secondary market games depend on technical analysis and news, don't confuse the two, or it will end in disaster.

6. When building positions or exiting, it is essential to do so in layers and segments, gradually widening the price range, effectively controlling risk and profit ratios;

7. Familiarize yourself with the interconnected effects, monitor the market conditions of the coins, and pay attention to the trends of other coins. Each coin in the market is not isolated; they may seem unrelated but are actually intertwined. Understand the interconnected effects and fully utilize consulting tools and apps;

8. Reasonable asset allocation is key, the allocation of hot coins and value coins should be balanced, paying attention to pressure resistance and profit intake ratios. Being too conservative may cause missed opportunities, while being too aggressive may lead to high risks! The main characteristic of value coins is stability, while the main feature of hot coins is extreme volatility, which can either skyrocket or plunge to zero in one go.

9. Investment with spare cash is fundamental; having coins in the market, liquidity in accounts, and cash in pockets is the safest and most reassuring standard configuration. Avoid all-in bets; controlling risks and rational fund allocation are crucial for your mindset and success.

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