Five key points for you to make steady progress in the currency circle

The currency circle has been crawling and rolling for almost 10 years, during which time I have earned and lost. Ico, Dogecoin, mining and so on have all been done, and they have gone through three rounds of bulls and bears. Summing up my countless operations, in the end, there is only one way to make money steadily. It's simple and crude, and everyone understands it:
Buy in a bear market, sell in a bull market, and make sure you don't lose money.
The bull market generally lasts for 6 months ~ 1 year, and the bear market generally lasts for 1~2 years. A round of bulls and bears for 3~4 years. Seize the opportunity to earn at least 50%+ in each round of bull market, which is enough to outperform the returns of various financial management, stocks, and funds. Because this 50%+ income can definitely be earned, there is no suspense.
1. Buy the new instead of the old, and try to lay out the bottom as much as possible
Be sure to be patient, wait for new valuable coins, and then try to lay out at the bottom (although it is impossible to buy at the real bottom) and sit back and wait for the market to come up.
2. Only buy mainstream coins
BTC and ETH will always be the kings of the currency circle, and it is absolutely right to buy in a bear market. Although it can't rise exponentially, if you buy in a bear market, hold it and sell it in a bull market, there will definitely be a rise of more than 50%. Preferred for big money.
Exchange tokens: such as BNB, GT
Relatively strong basic chains: such as SOL and AVAX
Good infrastructure coins: such as MATIC
Strong consensus coins: Dogecoin, SHIB 
Heavy positions can always only be mainstream coins, never heavy altcoins. The logic of altcoins is to cut leeks, and every bull market will give birth to many kinds of altcoins. Altcoins, which are soaring in this bull market, may be completely silent in the next bull market. Obscured by the highlights of the new altcoin. Without internal channels and information, it's almost impossible to bet on an altcoin and buy it before it explodes. Generally, after seeing a certain altcoin skyrocketing, I know that there is such a coin, and it is too late to follow up at this time. Maybe the follow-up luck will continue to rise in this coin, but it is likely to be volatile and falling. Altcoins fluctuate too much, and ordinary people can't hold on to them regardless of their ups and downs. It is often a small profit and a big loss. In the end, it's all a loss.
3. Sell in the middle of the bull market, and no longer operate later
At the beginning of the bull market, BTC will slowly rise, leading to the rise of ETH. At this time, some good mainstream coins followed the rise, other coins rose slowly, a few altcoins soared, and most of the altcoins did not move.
In the middle of the bull market, BTC and ETH fluctuated and rose, mainstream coins rose, and altcoins began to start.
In the later stage of the bull market, BTC fluctuated and fell, ETH may continue to rise, mainstream coins have risen one after another, and the highlight altcoins of the second round of bull market have skyrocketed several times, or even dozens of times and hundreds of times.
At the end of the bull market, BTC fell by thousands or even tens of thousands of points, and then recovered slightly, and the first plunge recovered quickly, giving the illusion that it was just an adjustment. After two or three such declines, the bull market is over. At this time, if you are trapped, please stop having illusions and stop losses in time. Otherwise, the principal will be dragged into the bottomless abyss.
3. Don't bet on luck in a bull market
There are many opportunities in the bull market, especially in the middle and late stages of the bull market, when altcoins fly wildly, and many altcoins skyrocket many times, which makes people blush. People are impatient to follow up or choose some promising altcoins that have not yet broken out, and they are still very confident to wait for their skyrocketing. It's best not to have such a mentality, which is completely gambling on luck, which is no different from gambling, and has nothing to do with investment.
Every bull run will give birth to a lot of altcoins that cut leeks, and these altcoins have a lot of gimmicks, and the background looks very strong, and the rally is very fierce. Resist the temptation to find out who's swimming naked until the tide recedes. When BTC plummeted and the bear market came, these altcoins were cut in half, kicked off, or even approached zero.
I can't resist the temptation and can only use a very small amount of money to follow up and play, even if you make a small profit, don't be a stud as soon as your mind is hot. Don't, don't, don't. It's gambling, and gambling can't be lucky all the time. I'm not afraid that you will earn a hundred times, but I am afraid that if you only lose once, you will lose all the capital that was restarted. Don't fantasize about taking a heavy position in an altcoin and then getting rich, this is the same as buying a lottery ticket and fantasizing about winning the jackpot, which is a super super small probability event. It's okay to play with a small amount of money as entertainment, but it's a thousand mistakes to play as an investment.
4. Be more patient and less impulsive
After buying in a bear market, you need to be patient and wait until the bull market to sell, do not operate the ups and downs during the period, and wait patiently during the period.
After selling in a bull market, wait patiently for the bull market to collapse into a bear market. It may take a year or two during this period. Don't impulsively go to the bottom at the foot of the mountainside and wait patiently for the moment when you fall to the bottom.
After selling in a bull market to make money, don't be tempted to play altcoins impulsively. If you really want to gamble, you can only use up to 10% of your bankroll.
5. Principal is always the most important
If you are caught in a careless operation, it is most important to keep the principal as much as possible. At the time of the collapse of the currency circle, he was willing to cut the meat and stop the loss in time, keep most of the principal, and keep the basic market. There is still hope for a comeback. Wait patiently for the currency circle to fall into the abyss, and use the remaining principal to buy the bottom. Don't be trapped and bury with the collapse of the currency circle, many times you buy the coin that is trapped, sell it before the collapse of the currency circle and lose up to 50% of the principal, if you ignore it, let it fall, and stick to the end. When this coin falls to the bottom with the currency circle, there is almost no possibility of the remaining principal coming back.