After a long journey of struggles and challenges, I have accumulated a wealth of practical experience. Here are a few core insights I hope can help everyone:

Capital management is crucial!

Divide your capital into 5 parts, use only one part at a time.

Strict stop-loss! Limit any single loss to within 10%, and total capital drawdown should not exceed 2%.

Even if you make 5 consecutive wrong moves, your total loss would only be 10%; but if you seize an opportunity, you can easily make back your losses.

Go with the trend, don’t go against the market!

When prices drop, don’t rush to buy the dip: be cautious of false signals, wait for a clear signal before acting.

When prices rise, don’t easily exit: it could be a “golden pit”, accumulating at low levels is more stable than trying to catch the bottom.

Avoid coins that are surging wildly!

Whether mainstream or altcoins, sustained surges are rare. Most will either stagnate or plummet after a surge.

Don’t gamble on luck chasing those high-flying ones, the odds are too low!

Use technical indicators effectively!

For MACD, watch for crossovers: a golden cross below the 0 line that moves above it can be a buying signal; a death cross above the 0 line moving down suggests reducing positions.

There are rules for averaging down: Never average down when losing money! Only add to your position when in profit, to avoid larger losses.

Trading volume is a key signal!

Focus on low-level volume breakouts: this is often a critical signal for market initiation.

Only trade in an upward trend: keep an eye on the 3-day, 1-hour, 4-hour, and 8-hour moving averages. When they all turn upwards together, the trend is basically established.

Review regularly and adjust wisely!

After each trade, review and reassess your holding logic.

Combine with the weekly chart trend to flexibly adjust your subsequent strategies.