Recently, the cryptocurrency market has been highly volatile, from the sluggish market before September 15 to the significant rise afterwards, presenting huge challenges for investors. In this market environment, protecting the principal has become the primary task.

From the early April low of $74,500 for Bitcoin to the recent high of around $120,000, the market has experienced a significant rise. However, if investors missed this wave, it may mean that trading strategies need to be adjusted. It is worth noting that Ethereum also presented a low point opportunity near $2,200.

Currently, with US stocks at a high and the future outlook on interest rate cuts uncertain, investors should remain vigilant and avoid heavy positions. Trading is different from gambling; it requires caution and patience. As the ancient saying goes, "Do not seek the true scriptures in practice," this principle also applies to the trading field.

In the financial markets, it may take months to accumulate profits, but losses can often occur in just a few days. Therefore, it is crucial to maintain a sense of awe towards the market. Whether in profit or loss, one should remain calm. Remember not to be complacent because of making money, nor discouraged because of losses.

In a volatile market, most people find it difficult to make a profit. Staying calm and rational, not being happy because of external factors and not being sad because of personal matters, is crucial for surviving and thriving in the complex and ever-changing encryption currency market.