One Day in the Crypto World - Ten Years in Reality

I have been in the crypto world for 9 years. When I first entered, I lost a lot. Throughout the journey, I experienced both losses and gains. Now, I rely on crypto to support my family.

I have summarized ten points of experience to share with you, hoping it helps. As long as you can do it, it will be hard to lose money.

1. If the market crashes and the coins you hold haven't dropped much, it means there are market makers supporting them. Hold onto these coins tightly; there will definitely be profits ahead!

2. For beginners, remember to understand macro information when trading. For short-term trading, look at the 15-minute and daily charts; if the price is above the line, hold on. If it breaks down, run quickly; for medium-term, focus on the daily chart, same logic. Don't get distracted by fancy tricks; once you identify a target, act decisively!

3. If you hold a coin for three days without any movement, quickly switch to another one. If you buy and it drops, and you lose 5%, don't hesitate, cut your losses directly!

4. If a coin has been cut in half from its peak and has been down for nine consecutive days, it might have fallen too much, and a rebound is imminent. Get in decisively at this time!

5. When trading, chase the leading coins; they are the ones that rise the fastest and are relatively resistant to falls. Don't be scared off by high prices, and don't catch falling knives just because they have dropped significantly; leading coins should be chased as they rise and fall!

6. Don't always think about catching the bottom; falling coins are like jumping off a building, there is no bottom line. If you need to cut losses, do it; following the trend is the way to go. It's not about buying cheaper, but about timing it right!

7. Don't get carried away just because you've made some money. Earning once is easy, but making money consistently is hard. After each profit, reflect on whether it's because of your skill or just luck. Developing your own trading strategy is key!

8. When you're uncertain, stay in cash. It's not shameful to hold cash; losing money is what brings shame. Remember, you're here to protect your capital, not to become a gambling god! Trading is not about speed but about success rate and risk-to-reward ratio!

9. In the early stages of a new coin, investor optimism brings in a lot of funds, increasing demand and pushing prices up. However, this influx of funds may lack solid fundamental support, and once market sentiment changes, rapid outflows can lead to a price crash.

10. Every coin is pushed out by a group of like-minded people through consensus mechanisms; what’s the result? These people have also gained countless wealth! Ten years in the crypto world is but a day in reality.