Three Trials of Cryptocurrency Investment

There are three key challenges on the road to cryptocurrency investment that must be overcome to profit:

- Holding Firm During Declines: When facing a downturn after purchasing, one must hold their position firmly. Ensure that you buy at a low price to gain a substantial safety cushion to welcome the 'Davis Double Whammy', while precisely controlling your position and timing, maintaining a stable mindset and waiting for the market to reverse.

- Holding During Rises: When the price of the cryptocurrency is rising, do not hastily sell. Assess that the core logic has not been fully realized, the fundamentals are stable and improving, and the price has not deviated from its intrinsic value. Long-term holding of high-quality projects at low levels is advisable to accumulate profits.

- Selling at High Points: When the price of the cryptocurrency is continuously soaring, one must decisively sell. When the core logic is nearly fully realized, the fundamentals can hardly support further growth, and the price is severely overvalued, investors need to keenly examine the indicators and take action to lock in profits when risk signals appear.

Although the concept of 'buy low and sell high' in the cryptocurrency market is simple to understand, practical operation is challenging due to market complexities, human weaknesses, and uncertainties. Only investors with deep knowledge, precise judgment, and strong execution can steadily navigate their way to wealth in the cryptocurrency space.