From a principal of 100,000 to over 30 million today, I will share with you a few tips for learning how to trade cryptocurrencies, so you can avoid detours and get started faster!

1. Only use spare money for investment - the first iron rule! Trading cryptocurrencies is risky, and you should never invest money needed for living expenses. Only use spare money for investment; if you lose, it won't affect your life, and this mindset will keep you steady, preventing insomnia due to fluctuations.

2. Do not blindly chase highs - when you see a certain cryptocurrency skyrocketing, do not impulsively chase after it! Remember, after a sharp rise, there is usually a pullback. The market is cyclical, and chasing highs can easily lead to being stuck. Stay calm and wait for adjustments before considering buying.

3. Learn to read charts - learning to trade cryptocurrencies requires knowing how to read candlestick charts and understanding support and resistance levels. Technical analysis may not be foolproof, but it can help you better assess buying and selling opportunities.

4. Control your position and enter the market in batches - do not invest all at once! Entering in batches can effectively diversify risk and prevent your funds from being trapped at high points. Flexibly adjust your position based on market conditions to reduce risk.

5. Set stop-loss points - no matter how optimistic you are about a certain cryptocurrency, always set stop-loss points! Controlling risk and timely stop-loss is key to protecting your principal. Do not harbor illusions; once the stop-loss point is reached, sell decisively.

6. Do your homework - trading cryptocurrencies is not about following others' recommendations to earn money. Understand the project background, team, and technology; do not blindly follow trends. Only by mastering enough information can you make more rational investment decisions.

7. Be patient - trading cryptocurrencies is not a game for getting rich overnight. Be patient and do not operate frequently. Holding quality cryptocurrencies for the long term often yields better returns. $BTC #比特币巨鲸换仓以太坊