Trading Insights:
1、In the crypto world, prices rise and fall together; in a bull market, increases do not need value support, just a reason to rise;
2、Don't talk faith with altcoins; when it's time to cut losses, do it;
3、Time is Bitcoin's friend, but an enemy to altcoins;
4、The value foundation of altcoins lies in continuous innovation; once innovation stagnates, value will collapse. Bitcoin's value foundation is its invariability; if trapped by Bitcoin, there will be a day of release, but that's not guaranteed 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、At the start of a bull market, having only BTC perform well is healthy; therefore, first build a position in Bitcoin and Ethereum, so you won't miss out if it rises and won't fear being trapped if it falls;
7、Altcoins have no defensive capability;
8、Do not increase positions during an uptrend; position management is very important—start with light positions to test, then significantly increase after the rise; it's hard not to lose money playing like that;
9、The position in Bitcoin and Ethereum cannot be less than half;
10、When playing with altcoins, you need to actively take profits and sell;
11、If you fall in one place, get up in another—if you lose money here, go somewhere else to earn it back;
12、The biggest cost after being trapped is the opportunity cost;
13、The core of trading altcoins is knowing when to sell;
14、Only eat until you're 70% full; fish heads and tails aren't that tasty, leave those for the big players, wait until the leading fish comes out before going for the more certain belly:
15、When trading altcoins, always keep a light position; heavy positions can ruin your mindset, a bad mindset leads to poor operations, and reckless operations lead to losses.
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