To quickly escape from being a retail investor in the crypto space and become a successful trader, you need to achieve the following 7 points:

1. First, adjust your mindset. Treat trading cryptocurrencies as a game, and don't worry about winning or losing. Only then can you trade comfortably in the crypto market.

2. Use spare money for trading. The funds used for trading should be money that won't impact your daily life if lost. Trading with spare money allows you to hold on and let go easily.

3. Make the most of your time to learn. To trade well, you need to quickly understand practical technical indicators and strategies, practice more, and summarize your experiences.

4. Be cautious in your first trade. Retail investors typically have limited capital, so effectiveness is crucial. Especially for your first trade, you need to prepare carefully to ensure a successful start. Before trading, make extensive use of simulation systems for practice, and only enter the market after gaining some experience. Otherwise, entering the market may lead to losses that severely impact your confidence.

5. Preserve your principal. Trading with money earned will make you feel more at ease and allow for more flexible trading.

6. Summarize your own set of methods. To transform from a retail investor into a successful trader, avoid chasing highs and holding too many positions. Always remember that as long as you don’t chase high prices, you can turn from a retail investor into a successful trader. Be good at learning, and through practical trading, summarize a set of trading techniques that suit you; this is fundamental to becoming a successful trader.

7. Only trade strong leading coins, and concentrate your funds. When trading cryptocurrencies, focus on the leading coins. Dispersing your funds not only increases trading costs but also makes it difficult to analyze and grasp the characteristics of each coin’s market effectively.

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