In the cryptocurrency world, remember these points!
1. Don't frequently switch coins; fortunes turn, and sooner or later, it will be your coin's turn!
2. When everyone is discussing a certain coin, it's best not to touch it; this indicates that the coin is nearing its peak! In a bull market, there's a high probability it can recover, but in a bear market, 90% of coins may never recover!
3. Don't believe anyone who claims a coin will yield a hundredfold or a thousandfold return; such people are either fools or trying to scam you! If you ask them how many times it will multiply, unless that coin truly exists in your hands, you must forget about it. But can you manage that? If it rises 20% in a day, they will probably run away!
4. In a bull market, avoid contracts; there's a high chance you won't survive the bull market!
5. While others are fomo-ing, stay clear-headed and consider your risk-reward ratio. If the risk exceeds the reward, firmly avoid investing; preserving your principal is key to overtaking on the turn!
6. Especially with contracts, don’t trust indicators; in bull and bear markets, indicators frequently fail. Those so-called win-rate indicators are merely games played by the market makers for you to see; once they stop playing, you’re not far from liquidation!
7. Firmly believe in the coins you buy; as long as they survive the bear market, they will rise in the bull market. What is a bull market? It's when all coins soar together!
8. If your funds exceed 100,000, avoid contracts and steadily hold mainstream leading coins; tenfold returns are possible! If your funds are below 100,000, go for altcoins; in the altcoin market, gains can be one or two times a day!
9. Act according to the trend, firmly hold your beliefs; this is how the cryptocurrency market operates. Your coin may drop 50% in one or two months, but it can recover its value in just one day. 90% of the time in the cryptocurrency market is spent in declines and fluctuations, with only 10% of the time in gains!
10. Making money in a bull market isn’t really making money; only those who can successfully escape at the end of the bull market can claim it. Once the bull market ends, your assets might shrink by half in a day; in a bear market, assets can shrink by 90% or even go to zero in a year—this is the most terrifying part! The reason only 10% of people profit in a bull market is due to greed, as they continue to fantasize about an unending bull run!
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