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If I were to summarize a few of the most genuine experiences I've gained over these years, they would probably be the following:
1. During a bull market, don't be greedy; focus on one sector to ride the main upward wave, avoid chasing every hot spot, concentrate on leading and catching up coins, and grabbing one is enough to ride an entire wave; $ENJ
2. Choose coins by buying new ones, not old ones; old coins are mostly just sentimental junk coins left over, the market only recognizes new narratives and new expectations, new coins and new tracks are the ones with popularity;
3. Respect the cycle; the crypto world has a four-year cycle, when even delivery workers and convenience store owners are talking about coins at the end of a bull market, it's a signal to liquidate counterfeit coins, otherwise, a 90% retracement in a bear market could wipe out your entire investment.
1. In a bull market, don’t be greedy—lock onto one sector, ride the main upswing, don’t chase hotspots everywhere; focus on the leaders and the catch-up rebound from laggards—grab one and it’s enough to eat the entire run; $ENJ
2. Choose coins by buying new ones, not old ones; most old coins are just trash coins left with only sentiment—the market only recognizes new narratives and new expectations; new coins and new tracks are what have momentum;
3. Respect the cycle—once every four years the crypto world runs through its turn; at the end of a bull market, when delivery riders and convenience store owners start talking about coins, that’s the signal to clear your positions in shanzhai coins; otherwise, the 90% drawdown in a bear market will leave you broke.