Over the past seven years, I started with a principal of less than 120,000 yuan and eventually earned about 32 million yuan in the cryptocurrency market. Throughout this journey, I fully immersed myself in trading, experiencing the intense fluctuations of the market, but by accurately seizing a few bull market opportunities, I achieved wealth growth. Here are some valuable lessons I've summarized:

1. The risk of each trade should be controlled within 10% of the principal, especially for beginners. It is recommended to control the risk between 2%-5% to avoid significant losses due to a momentary mistake.

2. Do not rush to close positions due to short-term fluctuations or lack of patience. Many market conditions require time to accumulate; only by patiently waiting for the market to gradually validate your strategy can you reap the rewards.

3. Make a good trading plan to avoid excessive and frequent operations; impulsiveness often leads to erroneous decisions.

4. Once you make a profit, promptly adjust your take-profit and stop-loss positions to secure the profits you've earned. When the market trend changes, follow up with adjustments until you identify a reversal signal.

5. Stop-loss is the umbrella of trading; be sure to insist on using it. Setting and strictly executing risk management is key to preventing significant losses.

6. When the market is in a favorable phase, do not indiscriminately increase your position in pursuit of more profits, as this significantly raises risks and may even break the capital chain.

7. Switching from a long position to a short position is a high-difficulty operation; beginners should be cautious when attempting this.

8. Even when trading goes smoothly, maintain your composure. Overconfidence and casually increasing your position can easily lead you into the trap of underestimating the market, potentially resulting in significant losses.

However, if your capital is small, I suggest trying out spot trading in the primary market.

For example, I recently discovered a Trump-themed meme coin — 𝑪𝒐𝒏𝒂𝒏 (xBQt). Since its launch on January 24, its price has skyrocketed a hundredfold, with its market cap once exceeding 30 million dollars, quickly becoming a dark horse among meme coins! Its current market cap is about 10 million, and it has entered a consolidation phase; now is an ideal time to set up for an impending breakout!