Having been in the cryptocurrency space for seven to eight years, I've slowly accumulated eight figures in funds, and I have summarized my hard-earned experiences.

1. Divide your funds into five parts, and only invest one-fifth each time! Control a 10% stop loss; if you make one mistake, you only lose 2% of your total funds, and if you make five mistakes, you only lose 10% of your total funds. If you're right, set a take profit of over 10%. Do you think you'll still get trapped?

2. How can you further increase your win rate? Simply put, it’s about going with the trend! In a downtrend, every rebound is a trap for buyers, while in an uptrend, every drop creates a buying opportunity! Which do you think is easier to profit from: buying at the bottom or buying low?

3. Avoid investing in coins that have rapidly surged in the short term, whether they are mainstream or altcoins. Very few coins can make several waves of main upward trends. The logic here is that after a short-term surge, it is quite difficult to continue rising. When prices stagnate at high levels, they will naturally decline later on; it’s a simple principle, yet many still want to gamble.

4. You can use MACD to determine entry and exit points. If the DIF line and DEA form a golden cross below the zero line, and then break above the zero line, it is a solid entry signal. When MACD forms a dead cross above the zero line and moves downward, it can be seen as a signal to reduce positions.

5. I don’t know who invented the term 'averaging down,' but it has caused many retail investors to stumble and suffer huge losses! Many people keep averaging down as they lose more, and the more they average down, the more they lose. This is the most taboo in trading cryptocurrencies, putting oneself in a dead-end. Remember, never average down when you are in a loss; instead, add to your position when you are in profit.

6. Volume and price indicators are crucial; trading volume is the soul of the cryptocurrency market. Pay attention to volume breakout at low price levels during consolidation, and decisively exit when there's a volume stagnation at high price levels.

7. Only trade in coins that are in an upward trend; this maximizes your chances and saves time. When the 3-day moving average turns upward, it indicates a short-term rise; when the 30-day moving average turns upward, it indicates a medium-term rise; when the 84-day moving average turns upward, it indicates a main upward trend; and when the 120-day moving average turns upward, it indicates a long-term rise!

8. Insist on reviewing each trade, check if the holdings' narratives have changed, technically analyze whether the weekly K-line trends align with your judgments, and whether the direction has shifted in trend. Adjust your trading strategy promptly