Can trading cryptocurrencies really make you rich overnight? After 9 years of bloody battles, veteran investors reveal the truth, brothers!

Back then, I lost my entire year's bonus to altcoins, and now I manage an eight-figure crypto asset. The pitfalls I've encountered over these 9 years could loop around the Binance building three times! Today, I’m sharing the well-guarded 'Survival Manual for Newbies' with you. After reading it, you’ll save on a six-figure math tuition fee👇

🛡️ Position management is a lifesaver

Remember this life-saving formula: divide total funds into 5 parts + only use 1 part at a time! For example 🌰: with a 100,000 capital, only play with 20,000. If you lose 5 times in a row, you’ve only lost 10% (I personally tested this and lost less than a Model 3 during the 312 crash). Here’s the key ⚠️: Calculate every profit and loss based on your current position, absolutely do not use other funds!

🌪️ Trends are the master

Rebounds in a downtrend are just fleeting flashes of light (refer to last year's Luna that rebounded from $120 to $80 and then returned to zero). The spikes in an uptrend are the real windfalls! Last month when Ethereum dropped to $2800, those who dared to catch the bottom must be laughing like geese now, right?

💣 Meme coins are scams

Those altcoins that double in three days, 9 out of 10 are fishing traps! Remember last year's viral 'Frog Coin'? It skyrocketed from $0.3 to $2.4 in just 18 hours, and now it needs three more zeros added to show its current price...

📉 MACD Mystical Instruction Manual

Golden cross below zero axis = close your eyes and go for it (look how accurate the APT was from $8.2 to $13.8 in March!)

Death cross above zero axis = quickly run away (Bitcoin hit $69,000 in April as a warning; those who moved slowly were crying in the bathroom)

Let me tell you a secret: the accuracy at the weekly level is three times higher than that at the daily level!

🚫 Averaging down is a suicidal bungee jump

I’ve seen sisters average down from a position of 10,000 to 100,000, turning short-term trades into heirlooms! Bloody lessons: if a single loss exceeds 15%, immediately cut losses. Remember this three-word mantra – ‘let it go’!

🔥 Trading volume is a truth mirror

High volume at low prices = signal for major players to build positions (three consecutive days of high volume before NOT took off in June)

High volume at high prices = countdown to death (warning from the massive trading volume on the night before FTX's collapse)

Highlight‼️ A sudden increase of 300% over the average volume of the previous 30 days indicates major movements ahead!

🚀 The launch posture must be correct

Three major characteristics of strong coins to note:

1. The 7-day line is above the 30-day line

2. Pullbacks never break previous lows