From liquidation to a 100-fold return, I used these 9 principles to navigate the bull and bear markets. This is my 8 years of practical experience in the cryptocurrency world, every sentence is a truth, every segment touches the heart! All are sincere words (recommended to bookmark)

1. Accurately predicting the ups and downs of the cryptocurrency market is almost impossible. The key to making money is to minimize losses when losing and maximize profits when gaining. It is essential to strictly set stop-losses and strive to expand profit margins, rather than pursuing an extremely high prediction accuracy rate.

2. Don’t always fantasize about becoming rich overnight; in the cryptocurrency world, preserving the safety of your principal is the top priority, and only after that should you consider making profits. Strong execution and stable trading rhythm are far more important than unrealistic sentiments; this order must not be mistaken.

3. If you guess the market trend correctly several times in a row, do not get complacent. The market changes rapidly, and blind confidence often leads you into bigger traps; maintaining calmness and caution is the long-term strategy.

4. No one can precisely predict the direction of the cryptocurrency market, so what you need to do is wait and seize key opportunities to enter the market; if the timing is not right, be patient and remain in cash. Do not trade frequently; high-frequency trading often leads to liquidation.

5. Newbies should not be greedy and seek all; focus on mastering one technical strategy, repeatedly study and refine it, and perfect one skill to an extreme is far more effective than superficially learning many methods.

6. Recognize your identity as a small retail investor; decisively cutting losses when making judgment errors is not shameful. After losing money, do not get carried away or forcefully double down. Make good use of the flexible advantage of retail funds; this is key to competing with the big players.

7. When encountering experts in the cryptocurrency world, do not fear losing face; boldly ask for advice. Their experiential insights can save you a lot of time and energy in your own exploration.

8. In the early stages of trading, start with small amounts or virtual accounts to accumulate experience. If you cannot make multiple profitable trades in a virtual account, entering the real market will likely lead to losses; caution in the early stages is essential for long-term stability.

9. Remember, we are here for rational trading in the cryptocurrency world, aiming for steady wealth growth, not gambling. No matter how enticing the market is, do not go all-in; always leave enough for daily living expenses, and do not risk your family's future.

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