1. Never chase high prices to buy coins. Always have this mindset: let it grow as much as it can; treat it as if it does not exist.
2. There are only two types: coins at good entry points are good coins; otherwise, they are garbage coins. High-level entry points are the best quality coins. Patiently wait for high-level positions to become true quality coins; this is the true mindset.
3. In fact, the most important thing in trading is mindset. Many people know that it's not a good entry point, yet they can't resist the urge to buy. This is a mindset issue, and if you don't solve this, any theory is useless.
4. Stay stable in your mindset. Do not have feelings for any kind of coin or entry point; only look at the market signals. You should have feelings for buy and sell points. If your skills are good and your capital is large, for example, operating on a 30-minute basis, then there's no such thing as being late.
5. The reasons for mistakes are always unrelated to the market. To find the reason, you can only look at your own reasons. Every mistake must be summarized immediately.
6. The mindset of being eager to make money is a big taboo for us traders. If you can't control your own heart, your greed, and desires, you cannot succeed in the market for a long time. There are two forms: when you are holding long positions, your thinking is controlled by bulls; conversely, you become a slave to bears. The market's emotions are accumulated and guided from this. If you cannot break free from this state, you will forever remain a false market participant.
7. Trading coins tests long-term profitability, not the ability for a sudden surge. The key is a long-term effective trading strategy. When buying, consider all situations, hold firmly, and sell decisively; this is how you can gradually improve. You are trading, not being traded; start with yourself.
8. The virtual currency market only rewards those who are patient; any good coin needs to be nurtured. Constantly switching to new ones will always result in small investments and minor gains. Focus on one thing; if you keep running around every day, you will definitely not make big money.
9. Dance to the rhythm of the market. As long as you follow the rhythm of the market, you can navigate the sharp edges gracefully. Rhythm is always the market's rhythm; a market participant without a sense of rhythm is destined to suffer. Let go of your greed and fear, and listen to the market's rhythm. As long as you can act according to the rhythm, no one can block you. The market has a rhythm; grasp the current rhythm, and no one can defeat you.
10. For those playing with capital, remember that the power of compound interest is the greatest. As long as you have a good mindset and skills, compound interest is inevitable, which can overcome everything.
These days I am preparing for the upcoming godly orders!!!
Comment 168, get on board!!!
Impermanence brings impermanence brings impermanence!!!
Important things are said three times!!!
