BE CAREFUL WITH GREEN
Many know this but rarely can do.
Normally, green represents growth and red represents price decrease. But to me, it is the opposite. I have witnessed quite a few cases in which investors buy a green coin, like TRON (TRX) or Siacoin (SC), then lose their money. You should know that when the coin turn green, it is just some leftover or a rat trap. Like Siacoin, will you earn 800% more after it has already increased 800%?
DO NOT PANIC WHEN YOU SEE RED
Only be afraid and panic if your coin is a shitcoin. Shitcoin will sooner or later die even when it once green for a long period.
If your coin is solid coins, the red will soon leave and it is meaningless to panic. Those solid coins have survived long enough to have a future in this market and wont die easily. Otherwise, they have a solid foundation of strong team member and potential project. If those are your case, dont worry.
Ethereum and Bitcoin have also gone through those red and green days and still be here to grow. Be patient and have a long vision (6 months to 20 years). The rise or fall in short term does not mean anything.
The only way to earn profits in cryptocurrency trading is to think wisely. Maybe, we can't think enough when there is a crash or an instant bull run because there is an adrenalin rush that controls our mind and physical behaviour. We need to resist from our fear and enjoyment and be focused on what we are doing. Trading is not easy as what we think of. We must have an assurance before we execute our decision. Before we step, we must have a PLAN A or PLAN B because anything that will happens to you in the journey, you have always plan to surpass it.