16 Experiences I've Summarized After 6 Years of Cryptocurrency Trading!

1. Choose altcoins during a bull market and buy BTC during a bear market. This is my secret recipe!
2. Coins with increasing trading volume at the bottom must be closely watched, as this could be a signal for a rally. Don't miss out on this!
3. When the currency in an upward trend retraces to the key moving average, it's the best time to buy. Remember to seize the opportunity!
4. Don't trade frequently. It's enough to catch a few major trends correctly in a year. Being greedy can lead to great losses!
5. The position must be well-controlled, never fully loaded, leaving room for oneself, so as to cope with changes in the market!
6. Garbage coins with losses, do not add positions, it is wise to stop loss in time, don't let yourself get deeper and deeper!
7. The news can only be used as a reference, do not blindly follow the trend, otherwise the consequences will be at your own risk!
8. Do not touch unfamiliar currencies, focus on the familiar track, so that you can win with certainty!
9. Don't be swayed by market sentiment, stay calm and rational in order to make the right decisions!
10. When the price of alternative cryptocurrencies rises too much, it is bound to fall; when it falls too much, it may not necessarily rise. The choice is crucial, so be sure to keep your eyes open!
11. When most people are optimistic, it is often when risks are looming. Remember this, don't become a bag holder!
12. Learn to empty positions and wait for clear signals from the market before re-entering to avoid unnecessary losses!
13. Do not follow the trend to speculate on hotspots. Hotspots often come and go quickly. Don't get trapped!
14. Trading should have its own trading system and strictly execute it in order to maintain stable profits!
15. Investment is a marathon. Only by maintaining a good mentality can you laugh in the end. Don't give up halfway!
16. Investment does not necessarily make money, there is a high probability of losing money, so try to invest with spare money. With a spare money investment mentality, the probability of winning will increase. Remember this, don't let yourself get into trouble because of investment!