$ETH Cryptocurrency market contracts for seven or eight years, good spot trading or not, profits all rely on understanding and discipline!

1. Short-term trading

1. Only focus on the top 5 mainstream cryptocurrencies each day, based on current market hotspots, news, daily MACD golden cross, BOLL contraction and expansion, combined with market trends, comprehensively consider and choose volatile varieties to trade.

2. Control your position:

50,000 divided into 20% means 5 parts, take one part each time to build a position.

3. Never go all in, at most 50%, always leave 50% as a reserve for opportunities.

4. Do not trade more than 3 times a day, keep it manageable.

5. Never average down, if you enter and lose 30%, withdraw in time; this indicates the entry point was wrong.

6. Set a stop-loss at 30%, if breached, close the position unconditionally, do not hold onto losing positions, holding will lead to death.

7. Never fall in love with candlesticks, enter and exit quickly, remember!!!

8. Go with the trend, trend is king, only trade mainstream, do not trade small, counterfeit varieties!

2. Cryptocurrency life-saving mantras (recommended to memorize)

1. Don't rush to escape when there's a big drop in the morning, it usually rebounds in the afternoon!

2. When there's a big rise in the afternoon, reduce your position, high probability of a pullback at night!

3. If there's a volume decrease while rising, it will continue to rise; if there's a volume decrease while falling, it will continue to fall.

4. Major meetings or positive news will generally lead to a rise, but will drop when realized.

5. If there's a continuous big drop during the day in the domestic market, buy the dip; at night around 21:30, foreigners will pump the market.

6. The key element signal for buying and selling is the spike; the deeper the spike, the stronger the buy and sell signal.

7. When you have a heavy position, you will definitely face liquidation; why? You are prominently on the exchange's liquidation watchlist.

8. After your short position's stop-loss is triggered, it will definitely fall; if it doesn't trick you out or squeeze you, how could it fall? For example, TRB.

9. When you are about to break even, just a little more, and the rebound suddenly stops; how could they let you close and escape?

10. When you take profit, it's like a party; if you don't exit, how can the market rise? The weight is too heavy.

11. When you are excited, a waterfall drop will arrive as expected; your excitement is also a bait from the manipulators.

12. When you are broke, every project seems to be rising, making you FOMO and hurry to enter.

So you understand, the market is manipulated over 80% of the time; besides controlling your position, you must also be proactive, clearly staying out before manipulators operate; once you enter, the exchange is the butcher, and you are the fish. Trading is about patience, determination, and timing!!