Six Cryptocurrency Trading Tips Earned from a Million-Dollar Loss! A Must-Read for Beginners, Highly Recommended to Save!

In cryptocurrency trading, it's not about the lack of opportunities, but the lack of memory. The following six tips are hard-earned experiences from my own losses,

If I had known earlier, I could have lost tens of thousands less; I sincerely recommend beginners to save these!

First Tip: Only trade coins in an upward trend, avoid dead fish.

A price above the 60-day moving average is what we call an upward trend;

If it's lying below and stagnant? Quickly retreat, don't hold onto illusions.

Second Tip: Don't chase after a spike, it's easy to get buried.

If a short-term rise exceeds 50%, it's basically a pump and dump,

You enter just to pick up the pieces, standing guard for a few months at least.

Third Tip: Diminished volume + sideways consolidation is accumulation, not stagnation.

If a coin is quiet but the trading volume remains stable, it might be an opportunity,

Gradually accumulate a small position, waiting for a wave of major upward movement to profit.

Fourth Tip: Enter the market immediately when hot news breaks, don't hesitate.

Whether it's staking, AI, L2, or meme, as soon as news drops, get in right away,

If you’re late, you’ll only be left with the scraps; once the hype fades, it’s done.

Fifth Tip: In a bad market, don't force trades.

It's better to stay put in a bear market than to act recklessly; going long or short both risk losses,

Minimizing losses is a profit, staying stable gives you a chance to recover later.

Sixth Tip: Review weekly to identify your issues.

Don’t always rely on gut feelings; check which points you bought at, right?

Systematic summarization is the key to becoming more stable over time.

Trading cryptocurrencies isn’t about luck; it’s about knowledge.

With high knowledge, even if you buy low twice, you’re still earning what others can’t make in months;

With low knowledge, no matter how bullish the market, you’ll just be a bag holder.

Follow me to position yourself for the next skyrocketing coin.