Making money in the cryptocurrency market relies on strategy and discipline. Here are some key experiences I've summarized:

Capital Management: Divide your capital into five parts, using only one-fifth each time. Set a 10% stop-loss, so even if you make one mistake, you only lose 2% of your total capital. If you make five mistakes, you'll only lose 10%. If you are correct, set a take profit of more than 10%. This way, you are less likely to be trapped.

Follow the Trend: The key to increasing your win rate is to follow the trend. A rebound in a downtrend is often a trap for the unwary, while a drop in an uptrend is a golden pitfall. Buying at the bottom is not as effective as buying low; trading in the direction of the trend is easier for making money.

Avoid Coins that Skyrocket: Do not touch coins that have surged in the short term, whether mainstream or altcoins. The probability of continued growth after a surge is very low, and after a high stagnation, it often leads to a decline. Many people want to take a gamble, but they often end up losing.

MACD Indicator: Use MACD to determine entry and exit points. A golden cross of the DIF line and DEA below the 0-axis that breaks through the 0-axis is a buy signal. A death cross of the MACD above the 0-axis heading down is a signal to reduce positions.

Supplementing Positions Trap: Supplementing positions is a big taboo for retail investors. Many people continue to add to losing positions, resulting in greater losses. Remember, do not supplement your positions when you are at a loss; increase your positions when you are in profit.

Volume-Price Relationship: Trading volume is the soul of the cryptocurrency market. Pay close attention when the price breaks out with increased volume at a low level.

Trend is King: Only trade in coins that are in an upward trend for the best chance of success. An upward turn of the 3-day moving average indicates short-term growth, an upward turn of the 30-day moving average indicates medium-term growth, an upward turn of the 84-day moving average indicates a primary upward trend, and an upward turn of the 120-day moving average indicates long-term growth.

Review and Adjust: Make it a habit to review each trade, check if the logic behind holding the coin has changed, technically check if the weekly candlestick trend aligns with your judgment, and if the direction has changed trend, adjust your trading strategy in a timely manner.

Finally, remember: Staying alive continuously is more important than short-term profits. Use capital you can afford to lose, and seize 2-3 bull market opportunities in a 3-5 year cycle for a stable path to wealth. There are always opportunities in the market, but if your principal is gone, you're out of the game.

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