1. Bitcoin can fall deeper than you think before recovering. In 2018, it fell from 19798 to 3156, a drop of 84%. In 2022, it fell from 69000 to 15476, a drop of 77%. Countless times it's been predicted to go to zero over the past decade, but it has always recovered. 2. In a bull market, you feel like a genius; in a bear market, you feel like an idiot. Actually, whether you're a genius or an idiot doesn't affect how the market moves. 3. Long-term dollar-cost averaging is more reliable than swing trading, especially for most people. Buy a fixed amount every week, regardless of price levels. Swing trading often results in transaction fees and stop-loss orders eating up all your profits in a year. 4. Buy when the Fear & Greed Index (FGI) falls below 20; historically, this has been a good strategy. When the FGI is at 12, everyone in the group is waiting for 30,000. The best price is when no one dares to buy. 5. Bitcoin is now tied to interest rates and AI stocks. AI stocks are falling. 2%, it dropped 5% 6/ Don't put all your money on one thing, not even Bitcoin. If you're fully invested in one coin and it drops 50%, you won't even have money to average down. You can only watch helplessly. 7/ You can't eat or sleep with cryptocurrencies; set aside money for real-life expenses first. Don't put money in for rent, food, or medical bills. When you urgently need money, you can only sell at the lowest point. 8/ People who don't constantly monitor prices are more likely to hold on. People who check candlestick charts 50 times a day will shake at a 5% drop. 9/ Governments won't stop printing money; this is my strongest reason for believing in Bitcoin. Debt is snowballing, and printing money is the only way out. 10/ The media loves to say Bitcoin is dead; they've said it hundreds of times, and they've never been right. Every time there's a crash, the headline is "Bitcoin is dead." The next day, the blockchain is still producing blocks as usual. 11/ Critics are the loudest when prices are falling. The days when they're shouting the loudest are often the cheapest times. 12/ Hashrate is a key indicator, and it's been rising recently, indicating improved network security. Prices have halved, but hashrate is still rising, suggesting miners haven't abandoned their businesses. 13/ The more widespread AI becomes, the more valuable and scarce Bitcoin becomes. AI can mass-produce more and more things. Things that can't be mass-produced are becoming increasingly expensive. 14/ Current volatility is much lower than what early adopters experienced. Early on, 30% daily fluctuations were common. Now, a 5% drop is considered a crash. 15/ Today is tough; enduring negative volatility is the price to pay for long-term gains. A 10% daily account loss is normal. Don't watch the market when you can't sleep. 17/ Don't let life get to you. Recently, some people have sold their houses and leveraged their investments to enter the market. Don't; running out of options will prematurely break your mental state.