Do not be greedy for quick profits in cryptocurrency trading; accumulating wealth through prudent financial management is a long process. One should pursue stable growth of wealth to balance risk and profit. Take to heart the following 8 points:
To prevent losses, buy more when you're stuck; seeking profit is greed.
Calm waters hide high waves; be wary of the big waves that follow.
After a big rise, there is usually a correction; candlestick patterns often form triangles.
Buy on the dip, not on the rise; sell on the rise, not on the dip; trading against the market is preferable.
Do not sell on a high, do not buy on a plunge; do not trade when the market is flat.
Look for resistance when the market rises, and support when it falls.
Avoid over-leveraging; do not act stubbornly; understand the inevitability of change and stop when needed; be flexible in entering and exiting at the right time.
The key to trading cryptocurrency is mindset; greed and fear are harmful; be cautious in chasing prices and selling in panic; maintain a calm mind.