To make money anywhere, you need to have your own methodology. This applies to the cryptocurrency space as well. Whether you choose to mine, trade contracts for short-term gains, engage in quantitative trading, conduct research and hold spot assets, or even open a dog coin exchange to exploit others.
I primarily focus on research and still adhere to Buffett's philosophy, which involves studying long-term trends and patiently holding good assets after identifying them. I have also studied contracts but ultimately gave up. The reasons are that, one, I might not have the talent; I couldn't identify significant opportunities in contracts, and the returns from various indicators and charting were not substantial. Two, trading contracts is exhausting; it requires constant monitoring of the market, and frequent opening and closing of positions is a huge drain on both energy and mindset.
Therefore, I rarely make bold claims. Generally, I analyze a project and only speak up when there is a high probability of opportunity. However, at 3 AM on December 11th, an excellent opportunity arose for both contract trading and spot trading, so I posted to encourage everyone to increase their positions. However, the response was so lukewarm that everyone probably thought I was rambling at that time.
I find it hard to understand everyone's logic. Perhaps trading is inherently against the crowd. At that moment, due to time constraints, I only briefly mentioned it. Now, I will explain my judgment logic in detail. You can compare it with your own reasoning to see where you might have gone wrong. From a technical perspective, at that time, Bitcoin had already undergone a second bottom test, indicating a decrease in short-selling momentum. Coupled with the liquidation volume during Bitcoin's first spike, it showed that short positions were also taking profits. However, Bitcoin's decline was not substantial, confirming that the overall trend had not changed. Therefore, altcoins will eventually rebound, making it a good time to accumulate assets.