In the past seven or eight years, assets have suddenly reached 30 million. This journey has been filled with challenges and experiences. Below are some key insights summarized, hoping to inspire everyone:
1. Capital management is the cornerstone of success
Divide capital into five parts, only using one-fifth at a time, and set strict stop-loss lines—no single loss should exceed 10%, and total capital loss should be controlled within 2%. Even with five consecutive mistakes, total losses would only be 10%, but once an opportunity is seized, profits can often easily cover the losses.
2. Go with the trend, don’t swim against the current
Do not rashly bottom-fish during a downturn; most cases are traps to lure buyers, so patiently wait for clearer signals.
During an uptrend, don’t be in a hurry to sell; this could be a "golden pit"—buying low is more stable and reliable than trying to catch a bottom.
3. Stay away from coins with short-term explosive growth
Whether mainstream coins or altcoins, those that experience sustained explosive growth are rare. Most will fall into stagnation or even correction after a surge. Don’t hold onto the illusion of betting on miraculous high-position surges.
4. Make good use of technical indicators
MACD is a practical tool: when the DIF line and DEA line cross above the 0 axis, consider buying; conversely, when they cross below the 0 axis, consider reducing positions.
Replenishing positions should be methodical: absolutely do not add to losing positions, only add to winning positions appropriately, otherwise you may fall deeper.
5. Trading volume is the soul of the cryptocurrency market
Pay attention to low-level breakout volumes; this is an important market signal. Stick to trading coins in an uptrend, observing the 3-day, 30-day, 84-day, and 120-day moving averages; when they turn upwards, it often signifies a solidified trend.
6. Review and strategy adjustment
After each trade, review the trade, re-examine the holding logic, and flexibly adjust the operating strategy based on the weekly candlestick trends. #MicroStrategy continues to increase holdings in BTC #美国CPI数据连续第4个月回落