In a long-term investment career, there is really no need to be too invested, putting yourself in a high-pressure environment all the time.
In my own style, there were only 12 opportunities to take action on BTC throughout the whole of last year, averaging about once a month, many of which were failures or missed because I was asleep. The same goes for low-quality coins; high-quality coins are quite scarce and hard to come by.
So most of the time it's about waiting, but this kind of waiting requires maintaining focus, more like a kind of entertaining observation. Balancing life, work, and entertainment is quite a difficult thing.
How can one make money trading coins?
Core Strategy: Replicable profit model. Long-term value investment, focusing on industry leaders, valuation anchoring, and buying when below industry average.
Risk Control: Protecting the principal is key to survival. No single coin position should exceed 20%, and the initial position should not exceed 50%. Dynamic profit-taking, lock in 50% of profits when there’s a 20% gain, and move the stop-loss for the remaining position.
Black Swan Defense: Always keep 20% cash, allocate 5%-10% in gold ETFs or government bonds for hedging.
Cognitive Breakthrough: Avoid 80% of retail investors' fatal mistakes. Data-driven decision-making, establish a trading log, counter-intuitive operations, and buy during market panic.
Advice: The cryptocurrency market has a probability of 7 losses, 2 breakevens, and 1 win. However, professional investors who adhere to the above system can still achieve positive returns.
On the third day of the Lunar New Year, I wish everyone a Happy New Year, wishing everyone blessings in the Year of the Snake. In 2025, starting trades will surely be profitable! Doubling returns! ☀☀☀