The 80/20 rule applies to every industry. Whether we can get the results we want when investing in the cryptocurrency circle depends on whether we are in the 20% circle.

This is particularly important. Do we have the underlying logic to make money? Can these abilities be replicated? This can help us achieve long-term, continuous and stable profits in the cryptocurrency circle.

Be cautious at the beginning and end. Before entering the market, do you have a detailed and thorough understanding of the fundamentals of the selected currencies, their specific application and value in the blockchain industry, development route planning, the project team behind them, funds, etc.

After completing this step, we can identify when the trend is at the relative bottom through the market, formulate a trading strategy, whether we are going to do long-term, medium-term, or short-term, how to manage our positions, how to allocate funds, whether to go all-in on one currency, or evenly distribute positions on N currencies.

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After entering the market, the market did not go as expected. Is there an effective strategy to avoid it?

And how to escape the top and gradually stop profit in the later stage.

During the entire execution process, will our mentality be disturbed and tempted by short-term fluctuations in the market?

If the currencies you have invested in do not rise, and you see that other people's currencies have been rising sharply, can you control your hands and not adjust your positions? Can you determine the chips in your hands? You will definitely have good gains in the bull market.