Managing your mindset well is key to long-term survival in the crypto world. Here are some suggestions regarding trading mindset that I hope will help you: 1. Don't get overly entangled in a single transaction. Don't get caught up in self-blame or euphoria because of a single trade's profit or loss. Trading is a long-term battle; maintaining an open mind and determination is essential to go further. 2. Learn to accept the results and not make unnecessary assumptions. The choices of adults are to buy and hold, and to close positions as decided. There are no "ifs" in the crypto world, nor is there "regret"; every action is your own decision. Learning to accept reality is essential to stay clear-headed. 3. Have a plan before trading Don't place orders based on feelings. Develop a clear trading strategy so that you can respond calmly even when market conditions change suddenly, without losing your composure. 4. Firmly implement stop-loss and take-profit. Set stop-loss and take-profit points in advance and strictly adhere to them. The mentality of taking chances is the source of countless tragedies, discipline is the foundation of survival. 1. Strictly control the position Do not trade with heavy positions; profits and losses are inherently volatile, so leave yourself enough room for recovery. Heavy positions not only amplify risks but can also lead to an imbalanced mindset, missed opportunities, or even holding onto positions stubbornly, which could ultimately result in liquidation. 2. Don't stubbornly hold on to positions The market will not change based on individual will. Timely loss-cutting is the best protection for principal. Holding onto a position may not only expand losses but also tie up funds, affect emotions, and lead to continuous errors in subsequent judgments. 3. Invest with spare money, maintaining a normal life Trading in the crypto world (whether contracts or spot) inherently carries risks and should be based on a certain economic foundation and free time. If you have limited funds but ample time, you can use a little spare money to gain experience, but do not let it affect your normal work and life. For most people, trading coins is just an added possibility in life, not everything. The crypto world certainly has stories of getting rich quickly, but those who achieve a thousand-fold return are mostly the ones who invested spare money that they don't mind short-term fluctuations, and even forgot about the existence of their holdings. Investing spare money is a basic prerequisite. In addition, you should learn to reduce the frequency of monitoring the market—checking the general market conditions once in the morning and once in the evening is sufficient; there is no need to keep a constant watch. You need to learn to anticipate trends, maintain patience, and hold on to your investments in order to seize opportunities. High returns inevitably come with high risks. It is essential to rationally distinguish between investment and speculation, and to calmly address market conditions to truly protect your principal.

Bitcoin is a cryptocurrency invented in 2008 by an unknown person or group using the name Satoshi Nakamoto. It began to be used by people when it was released as open-source software in 2009.

Managing your mindset well is key to long-term survival in the crypto world. Here are some suggestions regarding trading mindset that I hope will help you: 1. Don't get overly entangled in a single transaction. Don't get caught up in self-blame or euphoria because of a single trade's profit or loss. Trading is a long-term battle; maintaining an open mind and determination is essential to go further. 2. Learn to accept the results and not make unnecessary assumptions. The choices of adults are to buy and hold, and to close positions as decided. There are no "ifs" in the crypto world, nor is there "regret"; every action is your own decision. Learning to accept reality is essential to stay clear-headed. 3. Have a plan before trading Don't place orders based on feelings. Develop a clear trading strategy so that you can respond calmly even when market conditions change suddenly, without losing your composure. 4. Firmly implement stop-loss and take-profit. Set stop-loss and take-profit points in advance and strictly adhere to them. The mentality of taking chances is the source of countless tragedies, discipline is the foundation of survival. 1. Strictly control the position Do not trade with heavy positions; profits and losses are inherently volatile, so leave yourself enough room for recovery. Heavy positions not only amplify risks but can also lead to an imbalanced mindset, missed opportunities, or even holding onto positions stubbornly, which could ultimately result in liquidation. 2. Don't stubbornly hold on to positions The market will not change based on individual will. Timely loss-cutting is the best protection for principal. Holding onto a position may not only expand losses but also tie up funds, affect emotions, and lead to continuous errors in subsequent judgments. 3. Invest with spare money, maintaining a normal life Trading in the crypto world (whether contracts or spot) inherently carries risks and should be based on a certain economic foundation and free time. If you have limited funds but ample time, you can use a little spare money to gain experience, but do not let it affect your normal work and life. For most people, trading coins is just an added possibility in life, not everything. The crypto world certainly has stories of getting rich quickly, but those who achieve a thousand-fold return are mostly the ones who invested spare money that they don't mind short-term fluctuations, and even forgot about the existence of their holdings. Investing spare money is a basic prerequisite. In addition, you should learn to reduce the frequency of monitoring the market—checking the general market conditions once in the morning and once in the evening is sufficient; there is no need to keep a constant watch. You need to learn to anticipate trends, maintain patience, and hold on to your investments in order to seize opportunities. High returns inevitably come with high risks. It is essential to rationally distinguish between investment and speculation, and to calmly address market conditions to truly protect your principal.