1. Market makers accumulate chips in a bear market in batches, while retail investors chase chips in a bull market.
2. Those who can't afford to lose are retail investors, while those who won't lose are the market makers.
3. Retail investors know pain but don't know fear; they would rather lose money than respect the market.
4. Good news doesn't always mean buy up, bad news often means sell down.
5. The duration of a bull market is often nearly twice that of a bear market.
6. The personality of retail investors: the more they earn, the more timid and calm they become; the more they lose, the more they overthink.
7. There is no eternal belief; a belief that doesn't materialize has no practical value.
8. Fish heads and tails have little meat; knowing how to eat the body of the fish can lead to prosperity.
9. Fear is warranted in a bustling market, while greed is warranted in a stagnant market.
10. Mistakes can cloud judgment; in a bull market, you might short without thinking, and in a bear market, you might long without thinking.
11. A dark horse is something you can encounter but not seek; visible profits are the real profits.
12. When everyone starts talking about a bullish coin, the waterfall isn't far away.
13. The crypto world is a paradise for speculators, a playground for gamblers, and a 'meat grinder'.
14. Look for trends in large time frames, find entry and exit points in smaller time frames.
15. The biggest bullish signal is liquidating positions, while the biggest bearish signal is chasing bubbles.
16. In the face of luck, death is watching.
17. Price increases without volume can lead to extreme rises, while price decreases without volume can lead to extreme falls.
18. In a bullish trend, only go long; in a bearish trend, only go short.
19. Market profits come from two things: mindless buying and mindless selling.
20. Ignorance is the greatest enemy in trading.
