After years of struggling in the cryptocurrency world, I entered the market with nothing after suffering losses. Along the way, I had both losses and gains, and now I rely on cryptocurrencies to support my family!

I'm not here to flaunt wealth; I just want to share my practical experience with everyone, hoping it can help you. If you learn well, you'll find it hard to incur losses.

1. If the market crashes and the coins in your hands don't drop much, it means there are market makers supporting the price. Hold onto such coins tightly; there will definitely be profits later!

2. Newcomers, please remember to understand macro information when trading. For short-term trading, watch the 5-day moving average; if the price is above it, hold on; if it breaks below, run quickly. For medium-term, pay attention to the 20-day moving average, the same principle applies. Don’t get caught up in fancy strategies; once you’re sure, act decisively!

3. If a coin you bought for short-term trading hasn't moved after three days, switch to another one. If it drops after you buy it, and you’re down 5%, don’t hesitate—cut your losses immediately!

4. If a coin has been cut in half from its peak and then declines for nine consecutive days, it has likely dropped to the bottom, and a rebound is imminent; this is the time to get in decisively!

5. In cryptocurrency trading, you should chase the leaders; the ones that rise the fastest are the leaders, and they tend to be more resilient to downturns. Don’t be afraid to buy just because the price is high, and don’t catch falling knives just because a coin has dropped significantly; you should chase rising prices and cut losses with the leaders!

6. Don’t always think about catching the bottom. Coins that are dropping are like jumping off a building; there’s no bottom line. If you need to cut losses, then do so; following the trend is the way to go. It’s not about buying cheaper; it’s about being in the right position at the right time!

7. Don’t get carried away just because you made some money; it's easy to make money once, but hard to make money every day. Every time you make a profit, look back and see if it’s because of your skills or just luck. Developing your own trading strategy is the key!

8. When you're not sure, stay in cash; being in cash is not embarrassing, losing money is! Remember, you’re here to preserve your capital, not to be a gambling god! Trading is not about speed; it’s about success rate and risk-reward ratio!

The cryptocurrency market is full of uncertainties and challenges, but it also holds potential opportunities. Investors participating in cryptocurrency investments should fully understand the related risks, remain calm and rational, and respond to market changes with a steady strategy!