Eight years of trading cryptocurrencies, I made 10 million, every penny is a lesson learned through blood and tears!

Some people ask me: "Can you really make money trading cryptocurrencies?"

I spent five years to give the answer: Yes!

But the premise is — you must understand the rules.

Today, I’ve summarized ten key points, hoping to help you avoid pitfalls and make more money.

Don’t borrow money to trade cryptocurrencies.

Trading cryptocurrencies is like riding a roller coaster, the risks are enormous.

Experts never borrow money; if they lose, they won’t end up unable to afford food.

Use spare money to trade cryptocurrencies.

The money you use for trading must be spare and not urgently needed. Losing it won’t affect your life, and your mindset will be stable.

Be patient and fish for big catches.

Experts don’t chase short-term gains; frequent buying and selling can lead to losses. They cast a long line and wait for truly valuable coins to rise gradually.

Rest if there are no opportunities.

If there are no good opportunities, don’t act casually. Opportunities only come to those who are prepared.

Don’t trust charts too much.

Those colorful charts are just references; the core is still the overall market trend and the value of the coins.

Stay away from junk coins.

If a coin sounds like a knockoff with no reputation, don’t touch it. Only invest in coins with clear prospects and value.

Don’t touch coins that have plummeted.

Even if they seem tempting, don’t try to catch falling knives. It’s hard to recover after a significant drop, and experts know to protect their capital.

Rest after a bull market.

After a bull market ends, stop trading and wait for the market to stabilize before looking for opportunities.

When you spot a good coin, invest heavily.

When you find a good coin, have the courage to invest heavily because you believe in your judgment and the coin’s potential.

Don’t put all your eggs in one basket.

Diversify your investments; even if you have 100,000, don’t invest it all in one coin. Control risks and ensure steady returns.

Trading cryptocurrencies is not about getting rich overnight, nor is it about luck.

Those who understand the rules, know how to wait, and dare to execute can thrive and gain well in the crypto world.

In summary:

In the crypto world, stability is king, and patience is a required course for getting rich!