Trading cryptocurrencies requires caution: 14 golden rules to help you avoid detours!

1. Avoid luck and hesitation: A lucky mindset is the root of increased risk, while indecision may lead to missing the best opportunities.

2. Swing trading: Long-term stability, short-term flexibility, swing is king. In cryptocurrency trading, swing trading often brings more considerable returns.

3. Control your position, act freely: Never operate with a full position easily; this helps maintain a calm mindset and allows for flexible responses to market changes.

4. Select investment opportunities carefully, avoid blindly following trends: Just as one eats a fish by choosing the middle part, in trading cryptocurrencies, one should choose the most stable investment opportunities and avoid risky attempts at market fringe speculation.

5. Reduce the frequency of operations, make decisive decisions: Frequent trading easily increases risk, while indecision may lead to gradual loss of funds.

6. Balance mindset, strategy, and technique: In cryptocurrency trading, a good mindset is the key to success, a reasonable strategy is the guiding beacon for action, and technique is the tool to achieve goals.

7. Opportunities and challenges in market fluctuations: Opportunities often arise from despair in the market, gradually develop in hesitation, and finally peak in madness.

8. Beware of greed and fear: Greed can consume profits, while fear may lead to missed opportunities. Both are major taboos in cryptocurrency trading.

9. Seize opportunities, cash is king: Opportunities often emerge during market declines; cryptocurrency trading should focus on the future, maintaining sufficient cash flow to respond to market changes.

10. Confidence, patience, determination: Have confidence when buying, patience when holding, and determination when selling.

11. Indicators are not omnipotent: There are no absolutely accurate indicators, only investors who constantly learn and grow. Proper use of indicators can assist decision-making, but over-reliance may lead to misguidance.

12. Stop-loss is the bottom line of cryptocurrency trading: Failing to stop losses in time can lead to infinite losses, while a reasonable stop-loss strategy helps protect the principal.

13. Reverse thinking, grasp market rhythm: When the market is generally fearful, it may be a good opportunity to buy; when the market is overly greedy, it may indicate that risks are accumulating.

14. The growth path from novice to expert: Novices focus on price, experts focus on trading volume, and masters focus on market trends. Continuously improving your investment level is essential to better grasp market opportunities.