The Iron Law and Experience of Cryptocurrency Trading, I hope it will be helpful to everyone.


1. Never chase high to buy coins, always have the mentality that it will grow as much as it loves, consider this coin non-existent.
2. There are only two types of coins, the coins bought at the bottom are good coins, otherwise they are garbage coins; buying at a higher level is the best performance coin, patiently waiting for the higher level to establish a position, the coin becomes a real performance coin, this is the real mentality.
3. In fact, the mindset is the most important in Cryptocurrency speculation. Many people know that it's not the right time to buy, but they can't resist the urge. This is a mindset problem. Without solving this, any theory is useless.
4. Keep a stable mindset and don't have emotions for any cryptocurrency or price level. Only focus on market signals. Emotions should be reserved for buying and selling points. If you have good technical skills and a large amount of capital, you can consider weekly or monthly operations, staggered positions, and diversified holdings. In that case, there is no such thing as being late at any time.
5. The reason for mistakes is never related to the market. To find the reason, one can only look for one's own reasons, and every mistake must be summarized immediately.
6. The mentality of eager to make a quick buck is the biggest taboo for us Cryptocurrency Speculation participants. If we can't even control our own desires and greed, we cannot succeed in the market for long. In both long and short positions, when we hold the currency, our thinking is controlled by the bulls; conversely, we become slaves of the bears. And the market's emotions are accumulated and guided by this. Those who cannot break free from this state will never become genuine market participants.
7. Cryptocurrency Speculation tests long-term profitability, not just the ability to burst once, the key is a long-term effective trading strategy. When buying, you need to consider various situations, hold firmly, and be resolute when selling, only then can you gradually improve. Are you trading? Cryptocurrency, not letting the cryptocurrency trade you, start with yourself first.
8. The cryptocurrency market will only reward the patient; any good currency needs to be cultivated. Those who change to new currencies every day will definitely always have small capital and make small moves. Be more focused, those who run around every day will definitely not make big money.
9. Dancing to the rhythm of the market, as long as you follow the rhythm of the market, you can dance gracefully on the edge. The rhythm is always the rhythm of the market. A market participant without a sense of rhythm will always suffer. Set aside your greed and fear, and listen to the rhythm of the market. As long as you can follow the rhythm, no one can stop you. The market has a rhythm. Seize the current rhythm, and no one can defeat you.
10. For those who engage in capital play, it is important to remember that the power of patience is the greatest. As long as you have a good mindset and skills, being patient, holding on, and observing patiently are inevitable, and this will enable you to overcome everything.
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