Eight years of trading cryptocurrencies, my 16 practical experiences!
1. Trade altcoins in a bull market, buy BTC in a bear market, this is my unique secret!
2. Volume at the bottom, keep an eye on it, this is the rhythm of takeoff, don't miss it!
3. When the price rises, and there is a pullback to the moving average, it's a good time to buy, seize the moment!
4. Don't trade too often, catching a few big trends a year is enough, too much greed leads to loss!
5. Keep your position light, don't go all in, leave some room to cope with market fluctuations!
6. If you lose on a junk coin, cut your losses quickly, don't average down, the more you add, the more you lose!
7. Listen to the news but don't follow the crowd blindly, otherwise, you'll be the one crying!
8. Don't mess with coins you don't understand, focus on areas you are familiar with for stability!
9. Don't get swept away by market emotions, stay calm to make good decisions!
10. If altcoins rise too much, they must fall; if they fall too much, they may not necessarily rise, be cautious in your choices, keep your eyes sharp!
11. When everyone is optimistic, risks arise, remember this point, don't become the one holding the bag!
12. Learn to stay in cash, wait for clear market signals before taking action, to minimize losses!
13. Don't follow trends blindly, they come quickly and leave just as fast, be careful of being trapped!
14. Your trading should have its own system, and you must execute it strictly, that's how to make money steadily!
15. Investing is a marathon, maintain a good mindset to smile until the end, don't give up easily!
16. Investing doesn't guarantee profits, you could very well lose money, so invest with spare cash, maintain a good mindset, and your chances of winning will be greater. Remember this point, don't let investment put your life in jeopardy!
In the upcoming layout direction, I will guide everyone to target the lucrative opportunities in altcoins, especially those with high potential projects, expecting returns of over 10 times is not a problem. If you want to make big money in a bull market, like and comment, and I will help you layout the entire bull market!
