After ten years of navigating the cryptocurrency world, my assets have finally surpassed nine figures.
I have summarized my hard-earned experiences to share with everyone.
1. **Capital Management**: Carefully divide your funds into five parts, investing only one-fifth for trading each time. Set a stop loss of 10 points, so even if your judgment is wrong, you will only lose 2% of your total funds. If you have five consecutive wrong judgments, you will only lose 10% of your total funds. Once you make a profit, set a take profit of over 10 points to effectively avoid the risk of being stuck.
**The Art of Trading with the Trend**: In the trading world, mastering the essence of trading with the trend is the key to improving your win rate. In the face of a downtrend, every rebound may be a trap set by the market; conversely, in an uptrend, every pullback may be a good opportunity to enter the market.
**Beware of the FOMO Trap**: For those coins that rise like a rocket in a short period, whether mainstream or non-mainstream, one should remain calm and keep their distance. History has proven that there are very few coins that can sustain multiple waves of strong rises, and a surge is often followed by the shadow of a pullback. Once the price stagnates at a high level with insufficient momentum, a decline will follow closely behind.
**The Wisdom of MACD**: The MACD indicator is a powerful assistant in determining the timing of entering and exiting trades. When the DIF and DEA intertwine below the zero line to form a golden cross and break through the zero line, it is a signal for a stable entry. Conversely, if the MACD forms a death cross above the zero line and sinks downward, one should consider reducing their position in a timely manner to avoid risks.
**The Wisdom of Trend Trading**: Focusing on coins in an upward trend is a wise choice to improve trading efficiency and win rate. By observing the movements of short-term (3-day line), medium-term (30-day line), main rising wave (84-day line), and long-term (120-day line) moving averages, one can accurately grasp the pul