How can you make money in cryptocurrency trading?

1. On the road of cryptocurrency investment, the price fluctuations are like the ups and downs of life. When the coin price enters a stable upward trend, each pullback is like a rest stop along the way, which is our excellent opportunity to enter the market. It is important to understand that there is no coin price that rises indefinitely; pullbacks are like a compressed spring, preparing for a more powerful leap later.

2. If you fall into a clear downward channel, any rebound should be a signal for us to exit the market. Once the trend worsens, returning to an upward trajectory may require a long wait. Do not blindly hold on; do not waste time unnecessarily.

3. The short-term rise and fall of coin prices are mainly influenced by emotions and fundamentals. From a long-term perspective, do not be misled by insignificant gains in front of you. Just like the current market situation, while the influence of emotions is undoubtedly important, the fundamentals determine the magnitude and duration of the increase.

4. Manually determined bottoms are mostly not the true bottom but may only be halfway down the hill. The formation of a true bottom depends on market sentiment and the direction of capital. Therefore, do not blindly try to catch the bottom; often, nine out of ten attempts to catch the bottom end in losses.

5. Do not overly rely on positive news; the key to the real market lies in expectations. Many retail investors prefer to trade based on news, but what they hear is mostly what others want them to know. Even if the news is true, by the time it reaches you, the market may be nearing its end.

6. Avoid casually using high leverage, as this does not increase the probability of winning; once a loss occurs, the value will be magnified infinitely. Do not add unnecessary risks to yourself.

7. You might try to go against the trend; you may gain unexpected rewards.

8. In cryptocurrency investment, maintaining calm is key. In the face of market noise and temptation, do not be swayed by emotions and make rational decisions. Remember, impulsiveness is often the enemy of investment.

9. Continually learning and summarizing experiences is crucial. The cryptocurrency world is ever-changing, and only by continuously enhancing your understanding can you better seize investment opportunities and avoid repeated mistakes.

10. Have firm beliefs and patience. Investment is not achieved overnight; you may encounter setbacks along the way, but as long as you firmly believe in your judgment and wait patiently, you will eventually reap the rewards.