Trading Insights:
1. The cryptocurrency market rises and falls together; in a bull market, price increases do not require value support, only a reason to rise;
2. Don't talk about faith with altcoins; if you need to cut losses, then do it;
3. Time is a friend to BTC but an enemy to altcoins;
4. The foundational value of altcoins lies in continuous innovation; once innovation stagnates, value will collapse. The foundational value of BTC lies in its immutability; being trapped in BTC will eventually lead to a resolution, but this is not guaranteed for altcoins;
5. The only assets suitable for left-side trading are BTC and ETH; the greatest risk for altcoins is going to zero;
6. A healthy beginning to a bull market is characterized by BTC standing out alone; therefore, first build positions in BTC and ETH, so that when prices rise, you are not left behind, and when they fall, you are not afraid of being trapped;
7. Altcoins lack defensive capabilities;
8. Do not increase your position during an uptrend; position management is very important—start with light positions to test the waters, and after confirming an upward trend, significantly increase your position; this way, it’s hard to lose money;
9. Positions in BTC and ETH should not be less than half;
10. When dealing with altcoins, be proactive in taking profits and selling at highs;
11. If you fall in one place, get up in another—if you lose money here, earn it back elsewhere;
12. The greatest cost after being trapped is the opportunity cost;
13. The core of trading altcoins is knowing when to sell;
14. Only eat until you are 70% full; fish heads and tails are not that tasty, leave them for the market makers; wait until the leader emerges before going for the more certain belly meat.
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