From 100,000 principal to over 30 million, today I want to share some small tips for trading cryptocurrencies, helping you avoid pitfalls and get started quickly:

1. Only use spare money for investment

The first rule! Trading cryptocurrencies is extremely risky, never touch the money needed for living. Only use spare money, even if you lose, it won't affect your life, and your mindset can remain stable, so you won't be kept awake by market fluctuations.

2. Don't blindly chase high prices

If you see a certain coin skyrocketing, don't impulsively chase it! After a big rise, there is often a correction; the market has cycles, and chasing high prices can easily trap you. Be patient and wait for adjustments before considering entry.

3. Learn to read charts

When trading cryptocurrencies, you must learn candlestick charts and understand support and resistance levels. Technical analysis is not infallible, but it can help you grasp buying and selling points more accurately.

4. Control your position, enter in batches

Don't go all in at once! Buying in batches can effectively spread risk and avoid having all your funds trapped at high points. Flexibly adjust your position based on market conditions, and the risks will naturally decrease.

5. Always set stop-loss orders

Even for coins you are optimistic about, you must set stop-loss orders! Risk control is the top priority. Cut losses when necessary, don’t harbor illusions; protecting your principal is the core.

6. Do your homework

Don't just follow tips without research. Study the project background, team, and technology; with solid information, your decisions will be more rational.

7. Maintain patience

Trading cryptocurrencies is not a game for becoming rich overnight. Less speculation and holding quality coins often yield better returns in the long run than frequent trading.