I have been trading cryptocurrencies for a few years, starting with 20,000, and now I support my family through trading. I have summarized my hard-earned experience.

1. Divide your funds into 5 parts, and only invest one-fifth each time! Control a stop loss of 10%, if you make one mistake, you only lose 2% of your total funds, and only lose 10% of your total funds after 5 mistakes. If you are right, set a take profit of over 10 points. Do you think you will get stuck?

2. How can you further increase your win rate? To put it simply, it's about going with the trend! In a downtrend, every rebound is a trap to lure buyers, while in an uptrend, every drop creates a golden opportunity! Do you think it's easier to make money by bottom fishing or by buying low?

3. Avoid trading cryptocurrencies that have rapidly surged in the short term, whether they are mainstream or altcoins; very few coins can sustain multiple waves of major upward trends. The logic here is that it’s quite difficult for a coin to continue rising after a short-term surge. When high prices stagnate, it naturally falls as it can't be pushed up later. It's a simple principle, but many still want to take a gamble.

4. You can use MACD to determine entry and exit points. If the DIF line and DEA form a golden cross below the zero axis, once it breaks the zero axis, it's a stable entry signal. When MACD forms a dead cross above the zero axis and moves downward, it can be seen as a signal to reduce positions.

5. I don't know who invented the term 'averaging down,' but it has caused many retail investors to stumble and suffer heavy losses! Many people keep buying more as they lose, leading to even greater losses. This is the biggest taboo in trading cryptocurrencies, putting yourself in a dead end. Remember, never average down when you're in a loss, but rather increase your position when you're in profit.

6. Volume and price indicators are crucial; trading volume is the soul of the cryptocurrency market. Pay attention when there is a breakout with increased volume at low price levels during consolidation, and be decisive to exit when there is a volume stagnation at high price levels.

7. Only trade coins in an upward trend, as this maximizes your chances and saves time. A 3-day moving average turning upward indicates short-term gains, a 30-day moving average turning upward indicates medium-term gains, an 84-day moving average turning upward indicates a major upward trend, and a 120-day moving average turning upward indicates long-term gains!

8. Persist in reviewing each session, check if your holdings have changed, technically examine whether the weekly candlestick trends align with your judgments, and whether the trend direction has changed. Adjust your trading strategy in a timely manner!