The reason for trading cryptocurrencies is that I can support my family with it, not drifting, the way to survive in the long run. Below are some experiences I summarized in my spare time. They seem simple, but it's not easy to apply them in practice. I hope this helps you who are feeling lost.
1. Losing money without cutting losses and not being able to hold onto profits is a common problem for most retail investors.
2. In investing, the most important thing can be summed up in four words: go with the trend. Shorting during an upward pullback is suicidal, and adding leverage is a fancy way of committing suicide.
3. The market direction is the collective expectation of all participants; do not impose your own wishes on the market.
4. Win rate is not important at all. The profitability of a trading system has nothing to do with its win rate. Don't be envious of others making a few points; you don't know they are losing money. Patiently wait for your own opportunity.
5. Not every bullish candle in the market means you can make money.
6. Opportunities are waited for; good hunters are not impatient. In a fluctuating market, no one can make big money.
7. In the secondary market, there are not only "buy, buy, buy" operations; closing positions, reducing positions, and holding cash are also operations.
8. For a retail investor with a few million in capital, there are not so many imagined enemies like "big players" or "whales" in the market. Your biggest enemy is your own greed and fear.
9. The secondary market is never short of stars; what it lacks are long-term survivors.
10. 70% of people in the market lose money; really, there aren't that many experts.
11. Stay rational, respect the market; in front of the market, everyone is a leek. Drive carefully for a long time, and a sudden wealth event has little to do with me.
12. Some trades, even if they lose money, are still right; some trades, even if they make money, are still wrong.
13. Compared to returns, risk control comes first.
14. Do not become emotionally attached to your positions. Major losses often come when confidence is at its peak. The trade that makes us lose the most money may just be the one we are most confident about.
15. Each of the above points is very difficult to achieve and requires a long period of practice. There is a long, long way to go between knowing and doing. #MicroStrategy增持BTC #2025比特币价格预测 #BTC挖矿难度创新高