Speculating on cryptocurrencies, hesitating will never make you rich!
1. Never chase the price to buy cryptocurrencies; you must have the mindset that it can rise as much as it wants, treat it as if this cryptocurrency doesn't exist.
2. There are only two types of cryptocurrencies: those bought at good points are good coins; otherwise, they are trash.
Coins bought at major buying points are the best high-quality coins. Patiently wait for major accumulation to turn these coins into truly high-quality ones; this is the real mindset.
3. In fact, the mindset in cryptocurrency speculation is the most important. Many people clearly know it’s not a good buying point, yet they can't resist the urge to buy; this is a mindset issue. If this is not resolved, no theory will be useful.
4. The mindset should be stable; do not have emotions regarding any cryptocurrency or price level, only observe the market signals. You should have emotions towards buying and selling points. With good skills and sufficient capital, for instance, you can operate on a weekly or monthly basis, accumulate in batches, and diversify your holdings. Thus, the timing will never be too late.
5. The reasons for mistakes are always unrelated to the market; to find the reason, you can only look for your own reasons. Each mistake must be summarized immediately.
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