Trading Insights:
1. In the crypto world, everything rises and falls together; in a bull market, an increase doesn't need value support, just a reason to rise;
2. Don't discuss beliefs with altcoins; cut losses when necessary;
3. Time is a friend of Bitcoin, but an enemy of altcoins;
4. The value foundation of altcoins relies on continuous innovation; once innovation stagnates, value will collapse. The value foundation of Bitcoin is its immutability; if you get trapped by Bitcoin, there will be a day you can get out, but the same may not be true for altcoins;
5. The only ones suitable for left-side trading are Bitcoin and Ethereum; the biggest risk of altcoins is going to zero;
6. A healthy start to a bull market is when BTC stands out alone; therefore, first build a position in Bitcoin and Ethereum, so that you don't miss out on gains and aren't afraid of being trapped if it falls;
7. Altcoins have no defensive capability;
8. Don't increase your position when prices rise; position management is crucial—test with light positions, and after a rise, increase significantly; playing like this makes it hard to lose money;
9. The positions in Bitcoin and Ethereum should not be less than half;
10. When trading altcoins, you should proactively secure profits and sell at highs;
11. If you fall in one place, get up in another—if you lose money here, make it back elsewhere;
12. The biggest cost when trapped is the opportunity cost;
13. The core of trading altcoins is knowing how to sell;
14. Only eat until you're three-parts full; fish heads and tails aren't that tasty; leave them for the market makers; wait until the leading coins emerge to eat the more certain fish belly;
15. When trading altcoins, always use light positions; heavy positions can ruin your mindset, a bad mindset leads to poor execution, and risky moves can cause losses.
