During the Chinese New Year, I felt very bad and deeply felt the heavy killing intent in the candlestick. I was even more frightened by the altcoin's random decline. My trading technique is currently being polished, and I plan to test it with professional software before taking action. I found that for someone like me with extremely high leverage, there are very few suitable entry opportunities, usually only once a day (maybe three to five days are also possible), and the operating time may be only a few minutes or even a few minutes. The stop loss for BTC is relatively small and not easy to trigger. Currently, I still need to solve several problems,

The first thing is to train and improve the win rate, which requires filtering out some poor entry opportunities, and it is better to only take one trade per week.
The second is that training must have stop loss. The inner resistance to stop loss is still there. It is not advisable to hold both long and short positions. It is very difficult to unlock after doing it a few times, and the pressure is very high. Remember, making money is a natural thing like breathing. If trading is particularly stressful, it is wrong. Now I am thinking about if the price falls below a certain level after stop loss, can I make back the loss by shorting? Actually, I know this is wrong because it may just be a shakeout, a false breakthrough downwards. Shorting may make a profit, but if I get greedy, I may get killed in an instant. However, the human brain is persistent in this kind of thing.
The third is to train yourself not to touch altcoins, only focus on Bitcoin. At least the signal can only be for Bitcoin. I found that top experts like this bit wave only play Bitcoin for a reason, because Bitcoin can really make a billion, altcoins cannot.
So now there are three problems, only one of which is technical and can be solved in a few days. The other two are psychological problems, which are the most difficult. They require subconscious transformation. Once these two problems occur, it will be irreversible. There is always a feeling that this time is different, so let's not make any losses and see. There is always the feeling that this altcoin can make huge profits, ten times or even a hundred times. These two points are the most difficult.
The current trend of cryptocurrencies is increasingly concentrated in the four major players: btc, eth, sol, and xrp. These four dominate the majority of the market share. As a result, it's hard to talk about altcoins. Traders in the spot market lack expertise because their thinking is fixed on long positions. Talking about spot market gains is useless; it falls faster when it drops. In the past, many people got rich through spot trading, giving us the wrong impression. In 2021, there were few coins that multiplied by tens or hundreds. The era of spot trading is over, that's how I personally feel. If there's still one spot to be optimistic about, it's only eth. A few days ago, it was washed out down to 2100, completely and thoroughly. Its fair value is $5000-6000, but now everyone thinks it's garbage and mindlessly short it because they think it's been surpassed by xrp. Once Ethereum takes off, it will be invincible and wipe out billions of dollars in short positions. Keep in mind that the Ethereum Foundation only sells at around $4000, so a price just above $2000 is definitely an accumulation phase.